Economy

Vote on Biden Fed picks delayed as GOP presses for answers on Raskin ties to firm

0


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

0 0 votes
Article Rating

Airbnb (ABNB) earnings Q4 2021

Previous article

Tesla FSD Beta users show how the system works — and doesn’t

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Economy