Warsh's Fed Nomination Changes Nothing, Says Senator Tillis
Market Intelligence Analysis
AI-PoweredSenator Thom Tillis remains opposed to any Federal Reserve nominee until the investigation into current Chair Jerome Powell is resolved, indicating potential delays in the nomination process.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Republican Senator Thom Tillis of North Carolina says the nomination of Kevin Warsh to lead the Federal Reserve doesn't change his stance. He still says the criminal investigation into current Chair Jerome Powell is "frivolous" and has to end before he approves any nominee. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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