Senator Tillis ends months of obstruction, clearing the way for Wash’s Federal Reserve chairmanship

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ME News message: On April 27 (UTC+8), North Carolina Republican Senator Thom Tillis said Sunday local time that he will support the confirmation of Kevin Warsh’s appointment as Federal Reserve chair, clearing the final major obstacle for Trump’s chosen successor to Powell. Tillis has refused to vote in favor of Warsh for months. He said he would not push for the confirmation of any Federal Reserve nominee as long as the Department of Justice’s criminal investigation into Powell remains ongoing, calling the criminal investigation an attack on the central bank’s independence—but the investigation appeared to have ended last Friday. (Source: ODAILY)
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