Sen. Thom Tillis, R-N.C., on Thursday rejected a proposal aimed at ending the Department of Justice’s controversial criminal probe into Federal Reserve Chair Jerome Powell and clearing a path for his successor, Kevin Warsh, to be confirmed. The proposed off-ramp, which has been floated by at least one Republican lawmaker this week, would see the Powell investigation handed off from the DOJ to the Senate Banking Committee. The idea is an attempt to thread a political needle: It would drop the threat of criminal prosecution against Powell – which spurred Tillis, a Banking Committee member, to declare a blockade on Warsh – while still satisfying President Donald Trump, who supports the DOJ probe. But Tillis poured cold water on that proposal Thursday morning. “I’m not going to have an investigation out there,” Tillis told reporters on Capitol Hill. “We have to have an independent Fed. And we can’t finesse this.” Read more CNBC politics coverage “They either need to move forward with a compelling investigation that convinces me I was wrong, or resolve the current …