Tillis backs Warsh for Fed ahead of vote

(The Center Square) – Kevin Warsh’s path to succeed Federal Reserve Chairman Jerome Powell has the support of U.S. Sen. Thom Tillis, the North Carolina Republican said multiple times Sunday. Jeanine Pirro, U.S. attorney for the District of Columbia, said Friday the Justice Department's criminal investigation into Federal Reserve Chairman Jerome Powell is being closed. Tillis, staunchly opposed to moving forward while the probe has been active, said since that announcement he’s had a number of discussions with the Department of Justice. In a network interview, he said in part to Kristen Welker of NBC, “They have made it very clear that the current investigation is completely and fully ended. There may be some confusion because they're moving forward with the appeal, but I have been assured by the Department of Justice that that appeal is simply to challenge the basis for judging on the motion to quash the subpoenas. It would not in any way constitute a ba