politics

Tillis says he's prepared to move forward with Kevin Warsh's nomination for Fed chair

April 26, 2026 / 3:42 PM EDT / CBS News

Tillis says he's prepared to move forward with Kevin Warsh's nomination for Fed chair

TL;DR

  • Senator Thom Tillis will support Kevin Warsh's nomination for Federal Reserve chairman.
  • Tillis had previously blocked nominations due to a Justice Department investigation into Fed Chair Jerome Powell and a renovation project.
  • The Justice Department's investigation has been closed, and any appeal will focus on procedural matters, not resuming the probe.
  • The Fed's inspector general is conducting an independent review of the renovation project.
  • The Senate Banking Committee will vote on Warsh's nomination on Wednesday.