Sen. Thom Tillis (R-N.C.) on Wednesday suggested that the Justice Department should admit it made a mistake by launching an investigation related to Federal Reserve Chair Jerome Powell.
Asked by reporters about a potential off-ramp to his objections to moving any Fed nominees — including President Donald Trump’s pick for chair, Kevin Warsh — until the DOJ probe is resolved, Tillis responded: “I’m not going to try and help them out of a box canyon.”
“There’s one way out of a box canyon,” he added. “It’s admitting you made a mistake.”
The Justice Department issued subpoenas in January to the Fed, probing Powell’s statements to Congress about the…
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