Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation

Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation


Sen. Thom Tillis, R-N.C., talks with reporters in the U.S. Capitol during votes on Tuesday, March 10, 2026.

Tom Williams | CQ-Roll Call, Inc. | Getty Images

There is nothing that Federal Reserve chair nominee Kevin Warsh can say to get Sen. Thom Tillis to end his blockade on Warsh’s confirmation, the North Carolina Republican said Tuesday.

“No, no,” Tillis told reporters at the U.S. Capitol, when asked if Warsh could tell him anything at their meeting later in the day to change the senator’s position.

Tillis has vowed not to vote for any Fed nominees, including Warsh, until a criminal investigation into Fed Chair Jerome Powell is resolved.

Powell has called the investigation a political pretext. The chairman has said he is really being targeted for his refusal to cut interest rates as broadly and as quickly as demanded by President Donald Trump.

Tillis on Tuesday said that he is “already impressed” with Warsh’s skills.

“I’ve known of his work for quite some time, and that’s why I’m so frustrated that I’m not going to be able to cast a vote until we dispose of the of the other issues,” Tillis said.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



Source

Democrats urge CFTC to rein in prediction markets sports betting, insider trading
Politics

Democrats urge CFTC to rein in prediction markets sports betting, insider trading

Michael Selig, President Donald Trump’s nominee to serve as Commodity Futures Trading Commission chairman, testifies in a Senate Agriculture Committee hearing on his nomination on Capitol Hill, Nov. 19, 2025. Jonathan Ernst | Reuters A group of Democratic lawmakers is urging the Commodity Futures Trading Commission to issue a rule that would aim to rein-in […]

Read More
U.S. weighs ‘reduction’ of troops in Germany as Trump’s feud with Berlin deepens
Politics

U.S. weighs ‘reduction’ of troops in Germany as Trump’s feud with Berlin deepens

Soldiers of the U.S. Army V Corps salute during a color casing ceremony to mark the departure of V Corps headquarters from Europe on May 10, 2012 at the U.S. Army base in Wiesbaden, Germany. Ralph Orlowski | Getty Images News | Getty Images The U.S. is considering reducing the number of troops it has […]

Read More
U.S. House approves outline for  billion more for immigration enforcement
Politics

U.S. House approves outline for $70 billion more for immigration enforcement

Federal agents, including members of the Department of Homeland Security, the Border Patrol, and police, attempt to keep protesters back outside a downtown U.S. Immigration and Customs Enforcement (ICE) facility on Oct. 4, 2025 in Portland, Oregon. Spencer Platt | Getty Images The U.S. House of Representatives on Wednesday approved a three-year budget plan that […]

Read More