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Sen. Tillis Rejects Fed Chair Nominee Amid DOJ Probe

3/13/2026

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Story summary
  • Sen. Thom Tillis (R-N.C.) cannot vote for Kevin Warsh, President Donald Trump’s nominee for Fed chair, due to an ongoing Department of Justice (DOJ) investigation into Jerome Powell.
  • Tillis criticized the probe, which began in January over renovation-cost overruns.
  • Jerome Powell denies any wrongdoing.
  • Gas prices are rising amid the U.S.–Israel conflict.