Senate Republicans set to block key vote on Biden’s Fed nominees

WASHINGTON — Senate Republicans have said they won’t show up for a crucial committee vote on President Biden’s nominees to the Federal Reserve because of a disagreement with Democrats over one of the nominees, threatening to delay the confirmation of the five choices, including President Jerome Powell.

Hours before the Senate Banking Committee votes on the nominees, Republicans said they would deny the panel the quorum needed to vote on concerns they had with Sarah Bloom Raskin, appointed vice president of banking supervision. , after asking Democrats to delay his vote.


Wj

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