Tom Williams | CQ-Roll Call, Inc. | Getty Images
“This is not about people, it’s about process,” Tillis told reporters at the U.S. Capitol, ahead of a scheduled meeting with Warsh.
Tillis has vowed not to vote for any Fed nominees, including Warsh, until a criminal investigation into Fed Chair Jerome Powell is resolved.
Powell has called the investigation a political pretext. The chairman has said he is really being targeted for his refusal to cut interest rates as broadly and as quickly as demanded by President Donald Trump.
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