Tillis backs Warsh for Fed chair after DOJ probe ends

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Source: Politico
TL;DR Summary

Sen. Thom Tillis (R-NC) says he will support Kevin Warsh’s nomination to chair the Federal Reserve now that the DOJ has dropped its criminal probe into Jerome Powell, clearing the way for Warsh’s confirmation. The Senate Banking Committee is set to advance Warsh’s nomination, while Tillis notes the Fed’s independence remains intact as the inspector general’s review continues and the DOJ could appeal Boasberg’s ruling.

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