US Senate Banking Committee vote to approve Powell, Brainard, Jefferson

  • The vote on Lisa Cook was a tie

An update re the voting for the Federal Reserve nominations.

Majority approval for:

  • Powell as Chair ( second term) 23-1
  • Brainard for Vice-Chair 16-8
  • Jefferson for the Board of Governors 24-0

Lisa Cook's nomination vote was a tie.

  • 12-12
  • Cook's nomination will advance to a full Senate vote

Biden's four remaining Fed nominees advance now to the full Senate, where they'll need 51 votes to be confirmed.

Exciting stuff.

talent 17 March 2022

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