Warsh's Fed Nomination Changes Nothing, Says Senator Tillis

• Senator Tillis is pleased with Kevin Warsh's nomination but will not consider it until the investigation into current Fed Chair Jerome Powell is resolved.
• He also requires the Lisa Cook case to be wrapped up before he drops his opposition to any Fed Board nominee.
• Tillis believes these investigations are politically motivated to undermine the Federal Reserve's independence, which he deems critically important.

Republican Senator Thom Tillis states he will block Kevin Warsh's nomination to the Federal Reserve until ongoing investigations into current Chair Jerome Powell and Lisa Cook are resolved. He views these investigations as frivolous attempts to undermine the Fed's independence, emphasizing the Senate's role in upholding this independence.