Sen. Thom Tillis drops blockade of Trump's Fed chair nominee, clearing path for Warsh's confirmation

Sen. Thom Tillis drops blockade of Trump's Fed chair nominee, clearing path for Warsh's confirmation

Sen. Thom Tillis, R-N.C., on Sunday said he'll vote to confirm President Donald Trump's nominee to lead the Federal Reserve, Kevin Warsh.

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The announcement comes after Tillis for weeks blocked Warsh's nomination from moving forward as he protested a Justice Department investigation into the Federal Reserve Chair Jerome Powell.

"We worked a lot over the weekend to make sure that we were very clear that we have assurances from the DOJ that I needed to feel like they were not using the DOJ as a weapon to threaten the independence of the Fed. So this will allow Mr. Wash to move on with his confirmation on time," Tillis told NBC News' "Meet the Press" on Sunday.