A GOP senator who was holding up President Trump’s pick to lead the Federal Reserve is ready to move forward with the confirmation. Senator Thom Tillis of North Carolina announced over the weekend that he’s dropping his opposition now that the Justice Department ended its investigation of current Fed Chair Jerome Powell. Tillis objected to […]
Audio
GOP senator ready to move forward with Fed Chair nomination
A GOP senator who was holding up President Trump’s pick to lead the Federal Reserve is ready to move forward with the confirmation. Senator Thom Tillis of North Carolina announced over the weekend that he’s dropping his opposition now that the Justice Department ended its investigation of current Fed Chair Jerome Powell. Tillis objected to that investigation, calling it a “vindictive prosecution,” and he effectively blocked confirmation of Kevin Warsh. But the North Carolina Republican told NBC’s “Meet the Press” he’s ready to move on with the confirmation of Warsh.
