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Key US senator lifts block on Fed chair nominee

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US Senator Thom Tillis says he will now support the nomination of Kevin Warsh as chair of the Federal Reserve

US Senator Thom Tillis says he will now support the nomination of Kevin Warsh as chair of the Federal Reserve

Republican US Senator Thom Tillis said Sunday that he would support Kevin Warsh's nomination as Federal Reserve chairman after the investigation into the current Fed chief was dropped.

Tillis had warned that he would oppose Warsh's confirmation unless a Department of Justice probe into Jerome Powell was stopped.

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