Biden’s Fed Slate Sits Idle as Democrats, GOP Dig In on Raskin
- Biden talked to Brown about resolving GOP blockade of Raskin
- Toomey digs in on demanding more information from nominee
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President Joe Biden and Senate Democrats are standing by Sarah Bloom Raskin and are ready to wait out Republicans in a standoff that’s holding up a slate of five Federal Reserve nominees.
Senate Banking Chairman Sherrod Brown of Ohio said the panel plans to keep holding meetings to vote on the nominees in the hopes Republicans will take part. He said Biden is backing the strategy.