A Senator Takes The Justice Department at Its Word. What Could Go Wrong?
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On Sunday, Sen. Thom Tillis (R-N.C.) said he would confirm Donald Trump’s nominee for the new Federal Reserve chair after the Department of Justice made “assurances” to him that it would drop its investigation into the current chair, Jerome Powell.
“The U.S. Attorney’s Office criminal investigation into Chair Powell was a serious threat to the Fed’s independence,” Tillis wrote in a Sunday morning statement on X. “I take the Department of Justice at its word: the investigation is closed.”
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“The U.S. Attorney’s Office criminal investigation into Chair Powell was a serious threat to the Fed’s independence,” Tillis wrote in a Sunday morning statement on X. “I take the Department of Justice at its word: the investigation is closed.”
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