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Trump pick for Fed Reserve chairman advances to final vote
Kevin Warsh, President Donald Trump's pick for chairman of the Federal Reserve, cleared another hurdle Wednesday as the Senate banking committee voted to send his nomination to a final confirmation vote. The vote came after Sen. Thom Tillis, R-N.C., Carolina, dropped his block of Warsh's nomination. Tillis said he'd block any nominee until the Justice Department ended its investigation of outgoing Chairman Jerome Powell. U.S. Attorney Jeanine Pirro announced Friday that she'd drop that investigation. The committee vote of 13-11 was fully along party lines and sends the nomination to the Republican-controlled Senate, ... (full story)