Stock Groups

Two key Senate Democrats plan to vote for all of Biden’s Fed nominees -Breaking

by Mike Robinson

[ad_1]

2/2
© Reuters. FILE PHOTO: U.S. FILE PHOTO – U.S. REUTERS/Elizabeth Frantz

2/2

(Reuters) – Senator Democrats and Banking Committee Members Jon Tester and Mark Warner said Monday they both voted to confirm President Joe Biden’s nominees for the Federal Reserve. Sarah Bloom Raskin is the Fed’s top banking regulator.

They spoke out ahead of Tuesday afternoon’s Banking Committee vote. The five Biden nominees for vice chair for supervision, Jerome Powell, are receiving varied support. Raskin was nominated for vice chair of supervision. He is likely to face the most narrow path to confirmation. It will require support from every Democrat in the tightly divided Senate.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of the potential risks and financial costs involved in trading the financial market. It is among the most risky forms of investment.

[ad_2]