Biden withdraws 3 nominations to Federal Thrift board
President also withdraws controversial selection of Judy Shelton to join Fed
President Joe Biden on Thursday withdrew 32 nominations that his predecessor made to various posts.
President Joe Biden withdrew the nominations of three Federal Retirement Thrift Investment Board, Washington, nominees and one nominee to the Federal Reserve Board of Governors.
In total, Mr. Biden late Thursday withdrew 32 nominations that President Trump had made to various posts on Jan. 3, the same day the 117th Congress was sworn in.
As expected, Mr. Biden pulled the nominations of Christopher Bancroft Burnham, John M. Barger and Frank Dunlevy to the five-member Thrift board, which administers the $709.6 billion Thrift Savings Plan, the retirement system for 6.2 million federal employees and members of the uniformed services. Mr. Trump originally nominated them in May and the Senate Homeland Security and Governmental Affairs Committee in September
Fate uncertain for 3 Thrift Board nominees
Bloomberg
The fate of three nominees to the Federal Retirement Thrift Investment Board, Washington, is uncertain as the 116th Congress nears its end.
The nominations of Christopher Bancroft Burnham, John M. Barger and Frank Dunlevy were approved by the Senate Homeland Security and Governmental Affairs Committee in September, but the full Senate has yet to consider them. Mr. Dunlevy would also be board chairman if confirmed.
President Donald Trump in May nominated each of them to the five-member board, which administers the $690.6 billion Thrift Savings Plan, the retirement system for 5.9 million federal employees and members of the uniformed services.