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Tillis Gives Warsh Green Light After DOJ Drops Powell Inquiry

From zerohedge.com

The last roadblock to Kevin Warsh's nomination to lead the Federal Reserve is getting out of the way, as North Carolina Sen. Thom Tillis (R) said on Sunday that he's ready to lend his support towards Warsh's confirmation. Tillis had refused to advance Warsh or any other Fed nominee until the DOJ dropped its investigation into current chair, Jerome Powell over cost overruns in a renovation of the Fed's headquarters. After DC US attorney Jeanine Pirro said on Friday that the matter would be dropped, Tillis told NBC's Meet the Press that he was ready to move forward with the first committee vote on Warsh. "They have ... (full story)

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  • Category: Fundamental Analysis