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 said Sunday he was dropping his opposition after the Department of Justice ended its investigation of the current central bank chair.

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

TL;DR

  • A Republican senator dropped his opposition to President Trump's Fed chair pick.
  • The senator had previously blocked the confirmation.
  • The opposition ended after the Department of Justice concluded its investigation of the current central bank chair.