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Tillis says he's prepared to move forward with Kevin Warsh's nomination for Fed chair
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Tillis says he's prepared to move forward with Kevin Warsh's nomination for Fed chair

www.cbsnews.com·Melissa Quinn·about 1 month ago
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April 26, 2026 / 3:42 PM EDT / CBS News Add CBS News on Google Washington — Sen. Thom Tillis of North Carolina said Sunday that he is prepared to move forward with the nomination of Kevin Warsh for chairman of the Federal Reserve's Board of Governors, bringing an end to his blockade on nominations to the central bank. Tillis, a Republican who sits on the Senate Banking Committee, had vowed not to support any nomination to the Fed while the Justice Department continued its investigation into the current chairman, Jerome Powell. But U.S. Attorney Jeanine Pirro announced Friday that her office would be ending the probe into Powell and the Fed's $2.5 billion renovation of its Washington, D.C., headquarters. In an interview with NBC's "Meet the Press," Tillis said he had received assurances from the Justice Department that the investigation is closed and would only be reopened if the Fed's inspector general, which is examining the renovation project, made a criminal referral.…

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