Banking Chair Pushing to Confirm All Four Fed Nominees This Week
- Getting to votes would require cooperation of Republicans
- Time running short before Senate leaves for two-week break
Senate Banking Chairman Sherrod Brown
Photographer: Win McNamee/Getty ImagesThis article is for subscribers only.
Senate Banking Chairman Sherrod Brown said he and Majority Leader Chuck Schumer are pushing to confirm all four Federal Reserve nominees this week, but doing so will require Republican cooperation.
The Ohio Democrat said that without agreement from Republicans it would take 30 hours of debate to get to Jerome Powell’s nomination to a second term as Fed chair — too long to finish all the nominations this week.