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

2026-04-27 00:42

Odaily Planet Daily News: North Carolina Republican Senator Thom Tillis said on Sunday local time that he will support the confirmation of Kevin Warsh as Federal Reserve Chairman, removing the last major obstacle for Trump's chosen candidate to replace Powell. Tillis had refused to vote for Warsh for months, stating that he would not advance the confirmation of any Fed nominee as long as the Department of Justice's criminal investigation into Powell was ongoing. He described the investigation as an attack on the central bank's independence, but it appears to have concluded last Friday. (Jinshi)