Sen. Tillis will oppose Trump Fed chair pick Warsh until Powell probe resolved

Core Viewpoint - Senator Thom Tillis opposes the nomination of Kevin Warsh as chairman of the Federal Reserve until the Department of Justice's investigation into current chair Jerome Powell is fully resolved [1][2][4]. Group 1: Opposition to Nomination - Tillis has stated he will not support any new Federal Reserve nominee until the DOJ's investigation into Powell is completed [2][4]. - He acknowledges Warsh as a qualified nominee with a strong understanding of monetary policy but emphasizes the need for the investigation to conclude first [2][3]. Group 2: Concerns Over Federal Reserve Independence - Tillis expresses that protecting the Federal Reserve's independence from political interference or legal intimidation is essential [3]. - He reiterates his stance that he will oppose any Federal Reserve nominee until the DOJ's inquiry is resolved transparently [4]. Group 3: Political Context - Senator Elizabeth Warren criticizes the nomination, suggesting that no Republican concerned about Fed independence should support Warsh's nomination [4]. - Warren also highlights Trump's influence over the Fed, indicating that the nomination is part of a broader strategy to control the Federal Reserve [6].