President Trump's nominee for the next Federal Reserve chair, Kevin Warsh, faces questions from lawmakers Tuesday during his Senate confirmation hearing. CBS News' Kelly O'Grady has the latest.
GOP Sen. Thom Tillis of North Carolina spent his time during the confirmation hearing for Kevin Warsh slamming the Justice Department's "bogus investigation" into Federal Reserve Chairman Jerome Powell over renovation costs at the central bank's headquarters. Tillis said he will block Warsh's nomination until the Justice Department drops its investigation.
