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Tillis urges DOJ to end Fed probe after meeting with Trump nominee

Sen. Tillis will block Federal Reserve nominees until the criminal probe into Chair Powell, partly based on his Senate testimony, is resolved, citing Fed independence concerns.

Summary by The Hill
Sen. Thom Tillis (R-N.C.), a member of the Senate Banking Committee, praised President Trump’s nominee for chair of the Federal Reserve, Kevin Warsh, but said he cannot vote for him amid the Department of Justice (DOJ) probing current Fed Chair Jerome Powell. “I thoroughly enjoyed my meeting yesterday with Fed Chair nominee Kevin Warsh,” Tillis…

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CNBC broke the news in United States on Wednesday, March 11, 2026.
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