Tillis Says DOJ Investigation of Fed Has to End

Summary

Senator Thom Tillis discusses a DOJ investigation into Fed Chair Powell that he considers bogus. He states that this investigation is preventing him from supporting Kevin Warsh's nomination for Fed chair. Tillis calls for an end to the investigation to allow the confirmation process to proceed.

• Tillis criticizes the DOJ investigation as unfounded and politically motivated.
• He explains that the investigation is delaying the Fed chair confirmation process.
• Tillis supports Kevin Warsh for Fed chair but cannot vote until the investigation ends.
• He claims that senior DOJ officials and the President were unaware of the investigation.
• The investigation involves a building project that went over budget by about $700 million.
• Tillis emphasizes the need to resolve the investigation to move forward with the nomination.