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Senator Tillis agrees to move forward with Worsch’s Federal Reserve chair nomination, and by May 15 the nomination confirmation probability rises to 93%.

2026-07-20 21:02:03

Abstract generation in progress

ME News message: On April 26 (UTC+8), Senator Tom Tillis previously said he would hinder the confirmation of Kevin Wosh as Fed Chair, but has now made a concession and is prepared to support the Senate’s confirmation process. Tillis had insisted that the Department of Justice stop its investigation into Wosh before clearing Wosh’s nomination. However, Washington, D.C. prosecutor Peiro announced that it would suspend its investigation into Wosh’s inquiry into Federal Reserve building costs. This development paves the way for Kevin Wosh’s nomination as Fed Chair. According to monitoring by PolyBeats, the prediction market on Polymarket shows that the probability that Wosh will previously be confirmed as Fed Chair has risen to 93%. (Source: MLion)

POLYMARKET-24.83%

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