GOP senator: DOJ 'credibility' is 'in question' over Powell investigation

Republican Sen. Thom Tillis (N.C.), a senior member of the Senate Banking Committee, is questioning the "credibility" of the Department of Justice's investigation of Federal Reserve Chair Jerome Powell and threatening to oppose President Trump's nominees to the central bank until the matter is resolved.

"If there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none. It is now the independence and credibility of the Department of Justice that are in question," Tillis said in a statement.