GOP Boycotts Biden Fed Nominees' Vote as Bank Fights Inflation
We ran the numbers: There are 1114 news articles covering this topic. 33% (362) are left leaning, 38% (426) are center, and 29% (326) are right leaning.
On Tuesday, Republican senators blocked votes on President Biden’s five Federal Reserve nominees. While left-leaning articles highlight that Republican members indefinitely delayed the confirmation of Chair Jerome Powell to a second four-year term, right-leaning articles highlight that the Senate Banking Committee should reject the Federal Reserve’s Vice Chairwoman for supervision of banks Sarah Bloom Raskin’s nomination this month.
A left-leaning article by The Washington Post highlights that Republican members indefinitely delayed the confirmation of Chair Jerome Powell to a second four-year term. The boycott stemmed from Republican opposition to Sarah Bloom Raskin.
The Hill published a centrist article reporting that each of the 12 Republican members of the Senate Banking Committee boycotted a meeting where the panel was set to vote on Biden’s five Fed nominees. Their refusal to attend the meeting meant the panel did not have a quorum.
A right-leaning article by Fox News highlights that the Senate Banking Committee should reject the Federal Reserve’s Vice Chairwoman for supervision of banks Sarah Bloom Raskin’s nomination this month. The article argues that Raskin has a history of swampy corruption, a lack of trust, wrongheaded policies, and strategic cluelessness.