Cook, Lisa D
Senate Republicans Stall Crucial Vote on Fed Nominees
President Biden’s plans to reshape the Federal Reserve suffered a setback on Tuesday as Republicans delayed a key vote on his five nominees for its Board of Governors. Republicans did not show up for a committee decision that would have advanced the nominees to the full Senate for a confirmation vote. Because a majority of […]
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Biden Will Nominate Three New Fed Officials
President Biden plans to nominate three new Federal Reserve officials as he seeks to remake the central bank at a critical economic moment, a White House official familiar with the matter said on Thursday. If confirmed, his picks would result in the most diverse Fed board in the institution’s history. The White House plans to […]
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