Summary
- Sen. Thom Tillis, a Republican, said an appeal of a ruling related to Federal Reserve Chair Jerome Powell could delay the confirmation process for the next Fed chair.
- Tillis said that if the Trump administration appeals the ruling involving Chair Powell, it could delay the confirmation process for Kevin Warsh as Fed chair.
- He said the appeal would only result in slowing the process of confirming Kevin Warsh as the next Fed chair.
Forecast Trend Report by Period
Sen. Thom Tillis, a Republican, said an appeal of a ruling related to Federal Reserve Chair Jerome Powell could delay the confirmation process for the next Fed chair.
On the 13th (local time), Walter Bloomberg reported that Tillis said if the Trump administration appeals the ruling involving Powell, it could delay the confirmation process for Kevin Warsh as Fed chair.
He said, “An appeal would only result in slowing the process of confirming Kevin Warsh as the next Fed chair.”
Previously, President Trump nominated Kevin Warsh, a former Fed governor, as the next Fed chair.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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