Warsh Fed chair bid could ride out a lengthy, restricted confirmation amidst Powell probe
TL;DR Summary
Sen. Thom Tillis says Kevin Warsh’s bid to be Fed chair could face a long confirmation due to restrictions on a nominee’s business life, and he will oppose any Fed confirmation until the DOJ resolves its investigation into Chair Jerome Powell, casting doubt on Warsh’s path as Trump’s pick awaits Senate action.
- Tillis suggests Warsh faces long Fed chair nomination process that could restrict his business life CBS News
- Bessent Pushes Senate on Fed Confirmation Amid Backlash Over Criminal Inquiry The New York Times
- Tillis continues to hold Fed nominees despite latest offer from Treasury The Hill
- GOP senator says he's open to compromise on Trump’s nominee to chair the Federal Reserve AP News
- Fed chair drama: Tillis pours cold water on off-ramp for Powell criminal probe CNBC
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