Senator Tillis Ends Months-Long Blockade, Clearing Path for Warsh's Fed Chair Nomination
Svmuu News: Republican Senator Thom Tillis of North Carolina stated on Sunday local time that he will support the confirmation of Kevin Warsh as the next Federal Reserve Chair, thereby clearing the last major obstacle for Trump's chosen successor to Jerome Powell. Tillis had for months refused to vote in favor of Warsh, insisting he would not advance any Fed nominee’s confirmation as long as the Justice Department's criminal investigation into Powell was ongoing, calling the investigation an attack on the central bank's independence. However, that investigation appears to have concluded last Friday. (Jinshi)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Bitcoin Price Breaks $77,000: Multiple Factors Drive Current Rally
-
2
Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
-
3
US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
-
4
Bitcoin Spot ETF Status Review: Market Impact and Latest Data Post-Approval
-
5
Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
-
6
Binance confirmed that it has transferred 7,499 Bitcoins to the SAFU fund, stating that it has recovered 90% of the stolen assets and pledged to rebuild the emergency fund to approximately $1 billion.
-
7
Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
-
8
Bitcoin staking protocol b14g says $97 million CORE drained, pauses contracts
-
9
Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
-
10
SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
Markets Today
Recommended Reading



