Tillis Says DOJ Investigation of Fed Has to End

• Senator Tillis supports Kevin Warsh for Fed Chair but links his vote to the conclusion of a DOJ investigation into Fed building project overruns.
• The investigation concerns a $700 million cost overrun on a building project, which Tillis labels 'bogus' and unauthorized by senior DOJ officials or the President.
• The delay in confirmation creates uncertainty regarding the leadership of the Federal Reserve.

Senator Thom Tillis discusses the nomination of Kevin Warsh as the next Federal Reserve Chair, stating he supports Warsh but cannot vote for him until an investigation into a $700 million over-budget building project at the Fed is concluded. He criticizes the Department of Justice for pursuing what he calls a 'bogus investigation' without proper oversight, causing delays in critical appointments.