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Senate Republicans Block Vote on Biden’s Fed Nominees
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WASHINGTON—Senate Republicans refused to attend a crucial committee vote on President Biden’s nominees to the Federal Reserve over a disagreement with Democrats on one of the candidates, delaying the confirmation of all five picks, including Chairman Jerome Powell.
Republicans had earlier said they wouldn’t attend a Senate Banking Committee vote on the nominees because of concerns they had with Sarah Bloom Raskin, nominated to serve as vice chairwoman for bank supervision.
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