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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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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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Consumer prices in March were up 3.3% from a year ago, the biggest annual increase in nearly two years. Higher gasoline prices tied to the war with Iran accounted for much of the surge.
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