8legs: Kevin warsh confirmation hearing

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Fed-up Senate Republican uncorks ultimatum for Trump — threatening president's own nominee

Sen. Thom Tillis demanded the DOJ resolve an investigation before voting to confirm Kevin Warsh as Fed chair.
Tillis argued the DOJ inquiry into Powell could influence Warsh's nomination during the hearing.
GOP concerns referenced higher costs for the Fed's Washington, D.C. renovations tied to asbestos remediation and related work.
The hearing contrasted Warsh’s nomination with broader scrutiny over the Fed by House and Senate Republicans.
Tillis suggested DOJ involvement could empower or pressure individuals within the Fed.
Warsh was described as the president's nominee for Fed chair, with confirmation hearings held on Capitol Hill.
Tillis criticized the idea of using DOJ pressure to influence the Fed, framing it as unacceptable.
The article notes the hearing occurred as part of broader U.S. governance oversight and investigations.
Powell’s alleged investigation is described by the DOJ as not having evidence of misconduct or ongoing status.
The article places focus on the Fed’s DC campus renovation costs amid the confirmation process.

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