Senate Banking Committee Chair Tim Scott announced a confirmation hearing for Fed Chair nominee Kevin Warsh next week, though Senator Thom Tillis continues to block progress pending a DOJ investigation.
Outlets across the spectrum report on Senator Tillis's refusal to confirm Fed nominees until the DOJ probe into Jerome Powell is resolved. Left-leaning sources like RawStory emphasize Tillis's sharp rhetoric calling the investigation a "bogus" revenge crusade, while Fox News frames the situation as a deepening "tiff" between the Senator and President Trump that threatens the new chair's confirmation.
