US Republican Senator Tillis says he will continue to oppose the confirmation of any Federal Reserve nominee for Chair until the DoJ's inquiry into Chairman Powell is fully resolved
Analysis details (13:10)
- Earlier, President Trump announced that Kevin Warsh will become the new Fed Chair.
- On January 12th, Federal prosecutors opened up a criminal investigation into Fed Chair Powell over the central bank’s renovation of its Washington headquarters and whether Powell lied to Congress about the scope of the project.
30 Jan 2026 - 13:06- Fixed Income- Source: Market Source
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