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Tillis Shuts Down Idea of Clearing the Way for Warsh

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Sen. Thom Tillis (R-NC) “rejected a suggestion that the Senate Banking Committee conduct its own investigation into Federal Reserve Chair Jerome Powell to supplant a probe by the Justice Department and clear the way for the committee to approve President Donald Trump’s new pick to lead the central bank,” Bloomberg reports.

“Tillis, who views the DOJ investigation as an attack on the Fed’s independence, has vowed to hold up any Fed nominees until that probe is resolved. That could block Kevin Warsh, Trump’s selection to succeed Powell, from getting a confirmation vote before the full Senate.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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