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

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