Watch: Tillis blasts DOJ's "bogus investigation" into Fed Chair Powell during Warsh hearing
Summary
Senator Thom Tillis criticized the Justice Department's investigation of Federal Reserve Chair Jerome Powell over renovation costs during Kevin Warsh’s confirmation hearing. Tillis said he will block Warsh’s nomination unless the Justice Department ends the investigation.Key Facts
- Senator Thom Tillis is from North Carolina and a member of the Republican Party.
- Tillis spoke during Kevin Warsh’s confirmation hearing.
- The issue was an investigation into Jerome Powell, the Federal Reserve Chair.
- The investigation concerns renovation expenses at the Federal Reserve’s headquarters.
- Tillis called the investigation “bogus,” meaning he thinks it is not valid.
- Tillis said he will stop or block Warsh’s nomination until the investigation stops.
- Kevin Warsh is a nominee needing Senate approval.
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