Senator Tillis Ends Months-Long Blockade, Clearing Path for Warsh's Fed Chair Nomination

Odaily News: Republican Senator Thom Tillis of North Carolina stated on Sunday local time that he will support the confirmation of Kevin Warsh as the next Federal Reserve Chair, thereby clearing the last major obstacle for Trump's chosen successor to Jerome Powell. Tillis had for months refused to vote in favor of Warsh, insisting he would not advance any Fed nominee’s confirmation as long as the Justice Department's criminal investigation into Powell was ongoing, calling the investigation an attack on the central bank's independence. However, that investigation appears to have concluded last Friday. (Jinshi)