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Tillis Backs Warsh as Fed Chair; DOJ Closes Powell Probe

4/26/2026

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Summary

Story summary

Sen. Thom Tillis said on Sunday he will lift his blockade and back Kevin Warsh’s confirmation as Federal Reserve (Fed) chair.
The DOJ said criminal probe of Fed Chair Jerome Powell is ended, and U.S. Attorney Jeanine Pirro will hand it to Fed inspector general and appeal subpoena ruling by May 4.
Warsh told his hearing he wants regime change, will alter inflation measurement, and would replace Powell when the term ends May 15, 2026.

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Story summary

Sen. Thom Tillis said on Sunday he will lift his blockade and back Kevin Warsh’s confirmation as Federal Reserve (Fed) chair.
The DOJ said criminal probe of Fed Chair Jerome Powell is ended, and U.S. Attorney Jeanine Pirro will hand it to Fed inspector general and appeal subpoena ruling by May 4.
Warsh told his hearing he wants regime change, will alter inflation measurement, and would replace Powell when the term ends May 15, 2026.