Tillis says he’s ready to move ahead with confirming Warsh as Trump’s pick as Fed chair
Business
WASHINGTON — The Republican senator who had effectively blocked confirmation of President Donald Trump’s pick to lead the Federal Reserve said Sunday he was dropping his opposition after the Department of Justice ended its investigation of the current central bank chair. The announcement by Sen. Thom Tillis of North Carolina removes a big hurdle to Trump’s effort to install Kevin Warsh , a former high-ranking Fed official, in the job in place of Jerome Powell , long under White House pressure
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