Tillis says he’s ready to move ahead with confirming Warsh as Trump’s pick as Fed chair

The Republican senator who had effectively blocked confirmation of President Donald Trump’s pick to lead the Federal Reserve says he's 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 in the job in place of Jerome Powell. At issue was an investigation by the top federal prosecutor in Washington of the Fed’s multibil...