Fed chair drama: Tillis pours cold water on off-ramp for Powell criminal probe

Sen. Thom Tillis, R-N.C., on Thursday rejected a proposal aimed at ending the Department of Justice's controversial criminal probe into Federal Reserve Chair Jerome Powell and clearing a path for his successor, Kevin Warsh, to be confirmed.The proposed off-ramp, which has been floated by at least one Republican lawmaker this week, would see the Powell investigation handed off from the DOJ to the Senate Banking Committee. The idea is an attempt to thread a political needle: It would drop the threat of crimin ...