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● InformationalCongress / MembersEconomy

Sen. Thom Tillis says he's ready to confirm Warsh as Fed chair after DOJ drops probe on Powell

Warsh’s nomination is poised to advance after Tillis said he was ready to move forward, and Warsh told senators he would act independently.

Sen. Thom Tillis says he's ready to confirm Warsh as Fed chair after DOJ drops probe on Powell
Image · Fortune

SOURCE CHECK

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Outlet credibilityFortune84/100 HIGH
This article1 analysis · Oct 7, 2026

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Cites Associated Press

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Associated Press95/100 HIGH

347 stories · 94.5–95.2 · updated Oct 12, 2026

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Fortunecites Associated Press
Apr 26, 2026
tl;dr

Thom Tillis said he is ready to move forward with Kevin Warsh’s confirmation as Federal Reserve chair after the Justice Department ended its investigation of Jerome Powell. The Senate Banking Committee planned to vote on Warsh’s nomination the following Wednesday.

Community verdict

VOTING CLOSED
How does this story look for
Kevin Warsh Chair of the Federal Reserve
NOT RATEDCLOSED

No good or bad look here

This story reports what happened without casting Warsh in a good or bad light, so readers don’t rate it and it doesn’t count toward Warsh’s record.

● INFORMATIONAL

People in this story

SWIPE →
Kevin Warsh
Chair of the Federal Reserve

Nominee to serve as Federal Reserve chair

PRIMARY SUBJECT
Thom Tillis
R · NC · SEN

Senator signaling support for moving forward with Kevin Warsh’s confirmation

Tillis's version of this story ↗
Donald Trump
R · President of the United States

President seeking to install Warsh as Fed chair and criticizing the renovation costs

Federal Reserve chair whose investigation and possible departure are discussed

Elizabeth Warren
D · MA · SEN

Senator opposing the advancement of Warsh’s nomination

ALSO MENTIONED  James Comey, Former FBI director; Jeanine Pirro, U.S. attorney for the District of Columbia; Letitia James, New York state attorney general

Part of a bigger story

5 OUTLETS
Tillis Agrees to Advance Kevin Warsh’s Fed Nomination

Outlets agree that Sen. Thom Tillis said he was ready to let Kevin Warsh’s nomination as Federal Reserve chair advance after the Justice Department ended its investigation of Jerome Powell. Center outlets focus on Tillis’s changed position and the investigation’s role in moving the nomination forward, with some also noting committee timing and Warsh’s stated independence. Right-leaning outlets frame the investigation as a threat to Federal Reserve independence while noting Tillis’s block ended and Warsh’s path to a committee vote advanced.

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