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Sen. Thom Tills said Sunday he's ready to support the confirmation of Kevin Warsh as the new chair of the Federal Reserve, now that the Justice Department has dropped its criminal case against outgoing Chair Jerome Powell.
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Mag 7 earnings bonanza and Powell's home stretch: What to watch this week Yahoo FinanceHow Will Futures React To Iran News? Investor's Business DailyWhat to Expect in Markets This Week: The Fed Meets, and Magnificent 7 Earnings Roll In InvestopediaLots of talk, lots of tech Reuters
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Senator Thom Tillis said he had received assurances from federal prosecutors that eased his concerns, setting the stage for a key committee vote on Kevin Warsh.
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Tillis says he will vote to confirm Kevin Warsh as Fed chair PoliticoThom Tillis Is Prepared to Advance Kevin Warsh After U.S. Drops Fed Inquiry The New York TimesTillis ends block of Fed chair nominee Warsh, clears way for Trump pick CNBCJustice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh AP News
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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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A federal judge on Monday dismissed a lawsuit filed by President Donald Trump that claimed that the Wall Street Journal defamed him by publishing a drawing of a naked woman it said Trump contributed to a birthday gift for Jeffrey Epstein.
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 Fed Chair Jerome Powell said the central bank could raise interest rates again if the economy and labor market don't cool down.
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