GOP senator says he’s open to compromise on Trump’s nominee to chair the Federal Reserve
February 12, 2026
Republican Sen. Thom Tillis from North Carolina suggests he could support a compromise that would allow the Senate Banking Committee to start hearings on Kevin Warsh, President Donald Trump’s nominee to chair the Federal Reserve. But Tillis on Thursday also reiterated his view that the Justice Department had to drop its investigation of Fed chair Jerome Powell before he would support moving forward with any new Fed nominee. The Justice Department has subpoenaed Powell over comments he made about an office building renovation during testimony before the banking committee last June.