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flag Tillis backs Trump's Fed nominee Warsh after DOJ clears Powell.

flag Republican Senator Thom Tillis said Sunday he would no longer oppose President Donald Trump’s nomination of Kevin Warsh to lead the Federal Reserve. flag Tillis’s support clears a major obstacle to the nomination after the Department of Justice ended its investigation into current Fed Chair Jerome Powell. flag This change in the Senate Banking Committee opens the path for Warsh’s confirmation as Powell’s term concludes.

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