2026-04-26T16:16:57.597Z

Sen. Thom Tillis supports Kevin Warsh's confirmation as Fed chair

political figures lawmakers central banks

Senator Thom Tillis announced Sunday that he is ending his blockade of President Donald Trump's nomination of Kevin Warsh to lead the Federal Reserve.

The Republican senator said he is dropping his opposition after the Department of Justice ended a criminal probe targeting current Federal Reserve Chair Jerome Powell.

Tillis' opposition had previously stalled the nomination in the GOP-controlled Senate Banking Committee. This move clears the last significant obstacle to installing Warsh to succeed Powell, whose term is scheduled to end on May 15.

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