Senator Thom Tillis said federal prosecutors gave him assurances that remove his objections to Kevin Warsh's nomination to the Federal Reserve. Tillis chairs the Senate Banking Committee, which will vote on Warsh's confirmation. The Justice Department dropped an inquiry into Warsh's conduct, clearing a major hurdle for his path to the central bank's leadership. Warsh, a former Fed governor and investment banker, faced questions about his financial dealings. With Tillis now backing the nomination, the committee vote appears likely to proceed. Republicans control the Senate, giving Warsh a strong advantage in a full chamber vote. His confirmation would place another Trump ally in a senior position at the Fed, continuing the president's influence over monetary policy decisions. The timing matters. The Federal Reserve sets interest rates and shapes economic conditions for American households and businesses. Warsh's philosophy on inflation, borrowing costs, and financial regulation will shape policy for years.