Powell Probe Just a 'Flex,' Say Senator Tillis

Republican Senator Thom Tillis is sticking to his guns and says he won't approve any nominee to lead the Federal Reserve until a Justice Department probe into the Fed’s renovations...

By Bloomberg Markets · Bloomberg Markets

Republican Senator Thom Tillis is sticking to his guns and says he won't approve any nominee to lead the Federal Reserve until a Justice Department probe into the Fed’s renovations is over. “We could have a hearing all we want but until the investigation is done, I still believe that the initial inquiry and the investigation was a flex to try and get the current chair to step aside,” Tillis said on Bloomberg Surveillance. (Source: Bloomberg)