Why Wall Street is growing optimistic about Kevin Warsh’s Fed chair nomination

Source: New York Post

Top Wall Street executives are increasingly confident that the impasse over Kevin Warsh’s nomination as Fed chair will be resolved before central bank boss Jerome Powell’s term ends next month, On The Money has learned. The optimism comes after Sen. Thom Tillis (R-NC) on Tuesday offered President Trump a so-called “off ramp” that would end a Department of Justice investigation into whether Powell misled Congress over the $2.