Tillis Blocks Fed Pick—DOJ Suddenly Drops Powell Probe | TMP #1035
April 24, 2026
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5:37Now PlayingTillis Blocks Fed Pick—DOJ Suddenly Drops Powell Probe | TMP #1035
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The Justice Department just dropped its criminal investigation into Federal Reserve Chair Jerome Powell—and the timing is raising serious questions.
After weeks of pressure, Sen. Thom Tillis tied his support for Trump’s Fed nominee, Kevin Warsh, directly to the existence of the probe. Now the investigation is gone, the confirmation path is reopening, and the power struggle between Congress and the executive branch is suddenly front and center.
According to Reuters and Axios, the DOJ shifted the case to the Fed’s Inspector General, effectively ending the immediate threat of criminal charges. But a federal judge had already weakened the case, and Tillis had made it clear he would block movement until the situation changed.
So was this routine legal timing—or political pressure working exactly as intended?
In this breakdown, we connect the sequence, the leverage, and what it means for Federal Reserve independence, Article I vs Article II power, and the future of the Warsh nomination.
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