Sen. Thom Tillis, a Republican from North Carolina who sits on the banking committee that approves Federal Reserve nominees, said Sunday he will support Kevin Warsh’s appointment as the next Fed chair.
“I am prepared to move on with the confirmation of Mr. Warsh. I think he’s going to be a great Fed Chair,” Tillis said on NBC’s “Meet the Press.”
Tillis had previously blocked a vote to move forward with Warsh’s nomination due to the Justice Department’s probe of Fed Chair Jerome Powell, whose term ends on May 15. The probe was dropped on Friday.
Tillis said in a statement Sunday that