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
Sen. Sherrod Brown, the chairman of the Senate Banking Committee, said Tuesday afternoon that the committee will delay its votes on five of President Joe Biden’s nominees to the Federal Reserve as Republicans protest the candidacy of Sarah Bloom Raskin.
The Banking Committee had been scheduled to vote on whether to recommend Raskin and four of the president’s other picks to lead the Fed, but could not reach a quorum without Republican attendance.
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