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
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.