Fed chair drama: Tillis pours cold water on off-ramp for Powell criminal probe

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Sen. Thom Tillis has expressed skepticism about transferring the DOJ's criminal probe of Fed Chair Jerome Powell to the Senate Banking Committee, indicating ongoing concerns about Powell's involvement.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Sen. Thom Tillis says handing off the DOJ's criminal probe of Fed Chair Jerome Powell to the Senate Banking Committee wouldn't satisfy his concerns.

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Original article published by CNBC on February 12, 2026.
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