![]() "Newly released economic data makes it crystal clear: Republicans need to do their jobs and vote on these critical nominees so that we can tackle inflation and address our global economic uncertainty," a Brown spokesperson said. Next week he is expected to announce the first of what will likely be a series of interest rates hikes to battle high inflation. The nominees include Fed chief Jerome Powell, who was renominated for another four-year term and has bipartisan support. that vote to move forward," she told a briefing. Sarah Bloom Raskin's nomination to the Federal Reserve's Board of Governors is at risk after Senator Joe Manchin said he is 'unable to support' her on Monday. "Republicans are just not showing up to get quorum for. absolutely have the votes," White House spokesperson Jen Psaki told reporters on Thursday. Joe Manchin (D-WV) and Susan Collins (R-ME) indicated on Monday that they will not be supporting Sarah Bloom Raskins already stalled nomination to the. "We believe all five nominees are eminently qualified and should be given an opportunity to be voted through the committee, where we. The panel's chair, Sherrod Brown, and the White House are adamant that the five remain a package deal. Though Manchin is not on the Senate Banking Committee, his is a critical vote in the evenly divided Senate. "If they’re willing to move four out of five? Take it and run with it. Senator Pat Toomey, the panel's top Republican, says he would support a vote on the other four nominees, but not Raskin. They have also raised questions about her actions as a director for a financial firm in 2017. ![]() They worry Raskin would use her position to police climate change and make it harder for oil and gas companies to access credit. Republicans last month blocked a vote on the full Fed slate over objections to Raskin, a former Fed governor and Biden's pick to be the central bank's vice chair for supervision. Senator Joe Manchin wants his fellow Democrats on the Senate Banking Committee to move ahead with four of President Joe Biden's five nominees to the Federal Reserve, dropping the fifth nominee, Sarah Bloom Raskin, Politico reported on Thursday. ![]()
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