---
title: "U.S. Senator Tillis: It Is Reasonable for Powell to Remain on the Federal Reserve Board After His Term Expires, but Not Indefinitely"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284454080.md"
description: "Thom Tillis, a prominent Republican U.S. Senator from North Carolina, stated that he understands why Federal Reserve Chair Jerome Powell wishes to remain briefly on the Federal Reserve Board after his chairmanship term expires on May 15. During this period, Powell can await the outcomes of two matters: the review of construction projects by the Federal Reserve Inspector General, and the appeal filed by the U.S. Department of Justice regarding a federal judge's ruling that invalidated a subpoena"
datetime: "2026-04-28T21:44:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284454080.md)
  - [en](https://longbridge.com/en/news/284454080.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284454080.md)
---

# U.S. Senator Tillis: It Is Reasonable for Powell to Remain on the Federal Reserve Board After His Term Expires, but Not Indefinitely

Thom Tillis, a prominent Republican U.S. Senator from North Carolina, told reporters that **he understands why Federal Reserve Chair Jerome Powell wishes to remain briefly on the Federal Reserve Board after his chairmanship term expires on May 15.**

Tillis explained that **during this period, Powell can await the outcomes of two matters: the review of construction projects by the Federal Reserve Inspector General, and the appeal filed by the U.S. Department of Justice regarding a federal judge's ruling that invalidated a subpoena.**

Tillis decided just this past Sunday to support the confirmation of Kevin Warsh's nomination, clearing the final obstacle for the new Federal Reserve Chair to take office. He stated that the U.S. Department of Justice's announcement on Friday to suspend the relevant investigation and instead rely on the pending report from the Federal Reserve Inspector General had alleviated his long-standing concerns. Previously, he had firmly opposed confirming any Federal Reserve nominees before the investigation was concluded.

Tillis also revealed that he had been in contact with Powell over the weekend to understand the stance of the Federal Reserve and its legal team on recent developments.

As previously mentioned in an article on the Wallstreetcn website, Tillis announced on Sunday that he would withdraw his opposition to Warsh's nomination, paving the way for the committee's confirmation vote scheduled for April 29. Prior to this, the U.S. Department of Justice announced the withdrawal of its criminal investigation into current Federal Reserve Chair Powell. Tillis stated that this decision eliminated his core concern about threats to the Federal Reserve's independence.

**Tillis told reporters that he does not expect Powell to remain "indefinitely," adding, "I hope the appeal will not drag on too long, but I believe there is a reasonable basis for him to stay until then."** After his term as Federal Reserve Chair ends, Powell has the right to remain as a regular governor until early 2028.

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