Sen. Thom Tillis Draws a Line: No Fed Nominee Until DOJ Resolves Powell Probe — Even Under Trump
Senator Thom Tillis (R-NC) is blocking any Federal Reserve chair nominee until the Justice Department concludes its investigation of former Chair Jerome Powell. This standoff illustrates a power struggle between institutional conservatives and the Trump administration, raising concerns about accountability, Senate independence, and the future legitimacy of the Federal Reserve amidst economic uncertainty.