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The Republican senator had blocked Kevin Warsh's nomination until the Justice Department stood down on its investigation of Fed Chair Jerome H. Powell.
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Sen. Tillis prepared to end blockade of Fed chair nominee Kevin Warsh CNBCThe ‘Lasting Damage' of Pirro's Investigation of the Federal Reserve and Powell The New York TimesUS Senator Tillis says he's ready to advance confirmation of Warsh as Fed chair ReutersSen. Thom Tillis drops blockade of Trump's Fed chair nominee, clearing path for Warsh's confirmation NBC News
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Senate panel schedules Wednesday vote on Kevin Warsh after U.S. Attorney Jeanine Pirro drops criminal probe into Fed Chair Jerome H. Powell.
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The move paves the way for the Senate to confirm Kevin Warsh, the president's nominee to head the central bank.
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Kevin Warsh's nomination to lead the Federal Reserve could still be delayed by a Justice Department investigation into the current chair, Jerome H. Powell.
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