Tillis continues to hold Fed nominees despite latest offer from Treasury
The Hill
by Alexander BoltonFebruary 13, 2026
AI-Generated Deep Dive Summary
Sen. Thom Tillis (R-N.C.) has vowed to continue blocking President Trump’s nominees to the Federal Reserve, including Kevin Warsh as the next chair, until the ongoing criminal investigation into Fed Chair Jerome Powell is resolved. This move by Tillis, a key member of the Senate Banking Committee, poses a significant challenge to Trump’s plans for reshaping the Fed’s leadership. The senator has expressed concerns about the integrity of the Fed under Powell and believes that these nominees cannot be fairly evaluated until the investigation concludes.
Tillis’ stance is part of a broader effort by Republicans to scrutinize the Federal Reserve’s operations and leadership. The senator has been a vocal critic of the Fed, particularly over its monetary policy decisions and transparency issues. By delaying the confirmation process for Warsh and other nominees, Tillis aims to exert pressure on Trump and potentially influence the outcome of the investigation into Powell.
This political maneuvering highlights the growing tensions between the White House and Capitol Hill over oversight of the nation’s central bank. The Fed’s independence is a cornerstone of U.S. economic policy, but recent calls for greater accountability have sparked debates about its role and leadership. Tillis’ actions suggest that he views this as an opportunity to strengthen oversight and ensure that the Fed operates in the best interests of the American people.
The situation also underscores the high stakes involved in filling key positions at the Federal Reserve. Warsh, a former White House economic advisor, has
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Originally published on The Hill on 2/13/2026