Senator Tillis Blocks Warsh's Nomination Over DOJ Powell Probe
Senator Thom Tillis of North Carolina has announced his intention to block the nomination of Kevin Warsh, President Trump's choice to replace Federal Reserve Chair Jerome Powell, until the Department of Justice ends its investigation into Powell. Tillis, who is retiring, stated in an interview with NBC News that he would not support Warsh's confirmation unless the Trump administration ceases the criminal probe into Powell. Warsh's confirmation hearing is scheduled for next week, but his nomination is unlikely to proceed without Tillis' vote, especially if all Democrats oppose Trump's nominee. Tillis acknowledged Trump's claims of non-involvement in the investigation, despite Trump's previous criticisms of Powell, suggesting that the DOJ might be acting to gain favor with the White House.