Senate Banking Committee Set to Vote on Kevin Warsh for Federal Reserve Chair

After Thom Tillis lifted his blockade when the Justice Department dropped its investigation into Jerome Powell, a post says the Senate Banking Committee will vote April 29 on advancing Kevin Warsh.

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22d ago

Fact Check

The core claim is well supported by Reuters’ April 26, 2026 report, which states that Thom Tillis said he would support Kevin Warsh for Federal Reserve chair after the Justice Department ended its investigation into Jerome Powell. Reuters specifically says Tillis had been blocking Warsh while the Powell probe continued and changed position once DOJ closed it. CNBC also confirms Tillis ended his block on Warsh. Crypto.news and Odaily independently summarize the same sequence. What remains unverified from the sources gathered here is the exact subclaim that the statement was shared by Tillis on X; I was not able to retrieve the underlying X post directly in this run. So the substance of the claim is supported, but the X-post attribution is only indirectly supported.

Summary

Senator Thom Tillis lifted his blockade of Kevin Warsh’s nomination as Federal Reserve Chair on April 27 after the U.S. Department of Justice dropped its criminal investigation into current Fed Chair Jerome Powell, clearing a key obstacle to Warsh’s advance. A subsequent post says the Senate Banking Committee is set to vote on Wednesday, April 29, on advancing Warsh’s nomination. The post also uses the phrase "Pro-Bitcoin Fed loading," but provides no evidence or official confirmation about Warsh’s stance on digital assets.

Terms & Concepts

Federal Reserve Chair: The head of the U.S. central bank, who helps guide monetary policy, interest rates, and overall financial conditions.
Senate Banking Committee: A committee in the U.S. Senate that reviews financial regulation, banking matters, and certain economic nominations before they move forward.
Justice Department: The U.S. federal department responsible for law enforcement and criminal investigations.