Tillis announces support for Kevin Warsh as Federal Reserve chair
Updated
Updated · POLITICO · Apr 26
Tillis announces support for Kevin Warsh as Federal Reserve chair
17 articles · Updated · POLITICO · Apr 26
Tillis, retiring this year, cites DOJ assurances that its investigation is fully closed and welcomes a separate Fed inspector general probe.
He expects the DOJ to appeal Judge Boasberg’s ruling on subpoenas but was assured this will not reopen the investigation, clearing the way for Warsh’s nomination.
Tillis’s support is pivotal for the Senate Banking Committee, which is set to advance Warsh’s nomination, following the DOJ’s closure of its probe into former Fed Chair Powell.
How will Kevin Warsh balance his hawkish past with recent calls for lower interest rates if he leads the Fed?
What influence could Jerome Powell wield by remaining a Fed governor after his term as chair ends?
What does Warsh's 'new inflation framework' mean for the future of the US dollar and global financial markets?
Warsh wants to shrink the Fed's $6.7 trillion balance sheet. What would this mean for the everyday economy?
Can the Federal Reserve's independence recover after an unprecedented criminal probe into its sitting chair?
How might Warsh's focus on AI productivity reshape the Fed's approach to economic growth and inflation?