Thom Tillis had vowed to block nomination until the justice department dropped a criminal probe into Jay Powell

Breakthrough removes potential hurdle to Kevin Warsh’s confirmation as next US central bank chief

Thom Tillis had vowed to block nomination until the justice department dropped a criminal probe into Jay Powell

Sen. Thom Tillis hailed the Trump administration's decision to end its probe of Fed Chair Powell, easing the way for Kevin Warsh to take the helm.

U.S. Sen. Thom Tillis said on Sunday in an interview that he will end his blockade of Kevin Warsh's confirmation as Federal Reserve chair.

Central bank chair’s decision to confront the president has bolstered the institution’s independence

Banking panel votes in favour of Donald Trump’s candidate to lead US central bank