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Senator Tillis agrees to move forward with Waller’s nomination for Federal Reserve chair; the probability of confirmation rises to 93% by May 15

2026-07-21 06:42:48

Abstract generation in progress

ME News message: On April 26 (UTC+8), Senator Tom Tillis previously said he would block the confirmation of a nomination for the Federal Reserve chair by Worsh. However, he 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 Powell before he would allow Worsh’s nomination. However, Washington, D.C. prosecutor Pierro announced that he would suspend the investigation into Powell regarding Federal Reserve building costs. This change paves the way for Kevin Worsh’s nomination as Federal Reserve chair. According to monitoring by PolyBeats, the prediction market on Polymarket shows that the probability that Worsh will be confirmed as Federal Reserve chair has risen to 93%. (Source: MLion)

POLYMARKET-0.89%

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