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Tillis Blocks Warsh Nomination Amid Powell Investigation

3/20/2026

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Summary

Story summary

Senator Thom Tillis (R-NC) blocked Kevin Warsh's nomination to succeed Federal Reserve Chair Jerome Powell.
The move follows a Justice Department investigation into Powell's comments regarding a $5 billion building renovation.
U.S. President Donald Trump has sought to remove Powell, who says he will remain until the investigation concludes.
A federal court recently dismissed subpoenas aimed at Powell as harassing.

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Story summary

Senator Thom Tillis (R-NC) blocked Kevin Warsh's nomination to succeed Federal Reserve Chair Jerome Powell.
The move follows a Justice Department investigation into Powell's comments regarding a $5 billion building renovation.
U.S. President Donald Trump has sought to remove Powell, who says he will remain until the investigation concludes.
A federal court recently dismissed subpoenas aimed at Powell as harassing.