Senator Tillis Now Supports Kevin Warsh
Introduction
Senator Thom Tillis now supports Kevin Warsh. Mr. Warsh wants to lead the Federal Reserve. This happened because the government stopped a legal case against Jerome Powell.
Main Body
The government looked at the cost of a new building in Washington, D.C. The building cost too much money. Now, the government says there is no crime. Senator Tillis is happy and will now support Mr. Warsh. President Trump and Jerome Powell did not agree. They argued about interest rates and money. A judge said the legal case was not fair. The judge said the case tried to force Mr. Powell to quit. Some people like Mr. Warsh. Other people, like Senator Elizabeth Warren, do not like him. Mr. Warsh says he will make his own decisions. President Trump wants the new leader to lower interest rates quickly.
Conclusion
The legal problem is gone. The Senate Banking Committee will vote on Wednesday. Kevin Warsh may start his new job by May 15.