Senate Minority Leader Mitch McConnell (R-Ky.) on Tuesday defended a Republican blockade of President Biden’s five nominees to the Federal Reserve as justified by the radical nature of the picks, in particular Biden’s choice of Sarah Bloom Raskin
White House press secretary Jen Psaki railed against Republican senators on Tuesday for blocking President Biden’s Federal Reserve nominees, calling their moves "irresponsible" amid surging inflation.
Republican senators blocked votes on President Biden’s five Federal Reserve nominees Tuesday, leaving the future of the central bank in question amid surging inflation.
Democratic lawmakers, aides and strategists believe it’s just a matter of time before the Senate filibuster is substantially changed to limit the minority’s ability to stop legislation, despite a defeat on the matter last week.