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Tillis encourages Powell to stay as Fed Gov. after his term as chairman expires

Posted on 2/4/26 at 12:13 pm
Posted by bigjoe1
Member since Jan 2024
1670 posts
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Posted on 2/4/26 at 12:13 pm
quote:
Tillis, who is retiring at the end of his term next January, also said he would keep his block even if the Justice Department agrees to toss the investigation in exchange for Powell leaving the Fed after his term as chair. Powell could remain on the board as a governor for two years.

“To ramp it down or have it adjudicated, that’s the only way we get out of here as far as I’m concerned in this Congress for the next 333 days,” Tillis said. “I know how I would react to this, I’d be there for the remaining two years.”

“They got ahead of their blockers. They didn’t consult with the adults in the room when they decided to do the subpoenas,” Tillis said.
CNBC

This would be a mistake on Powell's part. Last time this happened Truman was president. It will be seen strictly as a political decision.
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Posted by Deplorableinohio
Member since Dec 2018
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Posted on 2/4/26 at 12:23 pm to bigjoe1
Well, Powell is political. No doubt about it.
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Posted by lake chuck fan
Vinton
Member since Aug 2011
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Posted on 2/4/26 at 12:26 pm to bigjoe1
Makes ya wonder why Tillis is so invested in Powell..... enough to threaten to hold up Congress for 333 days.
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Posted by Stumpknocker
SWLA
Member since Mar 2021
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Posted on 2/4/26 at 12:33 pm to bigjoe1
Pretty ease to grow a spine when you aren’t up for re-election. A real tough guy!
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Posted by Rip Torner
Member since Jul 2023
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Posted on 2/4/26 at 12:34 pm to lake chuck fan
Because Tillis has always been a horrendous Senator
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Posted by cajunangelle
Member since Oct 2012
164353 posts
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Posted on 2/4/26 at 12:41 pm to bigjoe1
Tillis the fraud has no re-election to worry about.
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