Tillis Eases Blockade, Allows Vote for Fed Nominee Kevin Warsh

Senator Thom Tillis announced he would end his blockade on Federal Reserve nominee Kevin Warsh, allowing a key committee vote to proceed. This decision was made after the Department of Justice dropped its investigation into Fed Chair Jerome Powell. Tillis' vote is crucial to Warsh's confirmation.

Senator Thom Tillis, chairman of the Senate Banking Committee, said on April 26, 2026, he is prepared to end his blockade of Federal Reserve candidate Kevin Warsh, paving the way for a committee vote . This news comes after the Department of Justice dropped its probe into Fed Chair Jerome Powell, which had concerned the committee . The blockade's lifting was seen as crucial for Warsh's confirmation prospects, as the committee consists of 13 Republicans and 11 Democrats.

Tillis' decision marked a significant development in the Fed nominee's chances, despite questions remaining over whether the lifting of the blockade guarantees Warsh's confirmation.

The news of the Justice Department's dropped investigation and the impending committee vote sent shockwaves through the financial markets and underscored the high stakes in the nomination and confirmation process.