Topic
senate-confirmation
2 stories related to this topic, newest first.
finance9 days ago
DOJ Refers Federal Renovation Probe to Inspector General
The U.S. Department of Justice ended its criminal investigation into Federal Reserve Chair Jerome Powell over headquarters renovations. Sen. Thom Tillis dropped his opposition to Kevin Warsh's nomination as Powell's successor. The move sets up a Senate committee vote on Warsh thi…
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theweek.comfinance9 days agoUpdated
Sen. Tillis Ends Opposition to Warsh for Fed Chair After DOJ Closes Powell Probe
Republican Sen. Thom Tillis announced he will support confirming Kevin Warsh as Federal Reserve chair, clearing a key hurdle after the Justice Department closed its investigation into current chair Jerome Powell. The probe focused on cost overruns in Fed building renovations, whi…