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Sen. Thom Tillis on Friday reiterated his intent to hold up President Trump's pick for Fed chair until the Justice Department ends its criminal probe of Jerome Powell.
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Stocks fall as investors weigh latest earnings, Warsh Fed chair pick; S&P 500 on pace for January gain: Live updates CNBCTrump names Kevin Warsh as his pick to replace Jerome Powell at the Federal Reserve CNNWarsh's Challenge: Navigating Fed Independence and Trump's Demands U.S. News & World ReportSen. Tillis will oppose Trump Fed chair pick Warsh until Powell probe resolved CNBC
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Warsh, is a Stanford University graduate who earned his law degree from Harvard.
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President Donald Trump has selected Kevin Warsh to serve as the next chair of the Federal Reserve, putting a well-known critic of the U.S. central bank in its top job.
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President Donald Trump said he'll announce his nominee to chair the Federal Reserve on Friday morning — and prediction markets have turned sharply toward a former Fed governor for the post.
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