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Brown Will Make Bid to Break GOP Blockade Holding Up Fed Picks

  • Banking Chair to Set Vote to Move Biden’s Nominees Next Week
  • Republicans boycotted last meeting in opposition to Raskin
Sherrod Brown
Sherrod BrownPhotographer: Al Drago/Bloomberg

Senate Banking Chair Sherrod Brown said Thursday he will try again next week to advance President Joe Biden’s five Federal Reserve picks past a blockade led by ranking Republican Pat Toomey on Sarah Bloom Raskin’s nomination to vice chair of supervision.

“We’re going to have another meeting next Wednesday morning. I am hopeful Republicans show up,” Brown said on Bloomberg Television’s “Balance of Power with David Westin.” He said he’s never seen before one party try to block a confirmation vote with a boycott in the Banking Committee.