Chairman Sherrod Brown (D-OH) questions Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, September 28, 2021.
Kevin Dietsch | Pool | Reuters
A Republican boycott Tuesday held up a Senate committee vote on the appointment of a top banking regulator and Federal Reserve Chairman Jerome Powell.
Sen. Sherrod Brown, head of the Senate Banking Committee, said the panel could not hold a formal vote because the GOP absence meant a lack of a necessary quorum. The vote was to send to the floor the names of Powell, Sarah Bloom Raskin, whom…
Source cnbc.com