Reuters, February 15, 2022, Biden’s Fed nominees in limbo after Republican vote boycott
US Senate action on President Joe Biden’s five nominees to the Federal Reserve stalled Tuesday after Republicans boycotted a key vote over objections to Sarah Bloom Raskin, the White House’s pick to be the central bank’s Wall Street regulator.
Senate Banking Committee Chair Sherrod Brown delayed a vote on the slate, which includes Fed Chair Jerome Powell, after none of the 12 Republicans showed up for a scheduled vote Tuesday afternoon.