Tillis will support Warsh, clearing way for Trump's Fed pick

Tillis will support Warsh, clearing way for Trump's Fed pick

Sen. Thom Tillis (R-N.C.) on Sunday said that he would no longer block Kevin Warsh's Federal Reserve chair confirmation, removing a key hurdle for President Trump's pick to lead the central bank. Why it matters: The DOJ said last week that it was dropping its investigation into current Fed chair Jerome Powell, satisfying the key Republican's conditions for supporting Warsh.What they're saying: "I have been clear from the start: the U.S. Attorney's Office criminal investigation into Chair Powell...

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