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

2026-04-27 00:42

Odaily Planet Daily News: Republican Senator Thom Tillis of North Carolina stated on Sunday local time that he will support Kevin Warsh's confirmation as Federal Reserve Chair, thereby removing the last major obstacle for Trump's chosen successor to Powell. Tillis had refused to vote for Warsh for months, stating that as long as the Justice Department's criminal investigation into Powell continued, he would not push for the confirmation of any Fed nominee, calling the investigation an attack on the central bank's independence. However, the investigation appears to have concluded last Friday. (Jin Shi)