A key Republican senator said that he would not vote to block President Trump's controversial Federal Reserve nominee, Judy Shelton, if other GOP senators who have expressed misgivings about her also decide to back her
"I will not be the one to kill her nomination," said Sen. Richard Shelby of Alabama, a senior member of the Banking Committee who has raised concerns about whether Shelton would be independent from the White House. "I try to help the administration. I have some misgivings about her, I raised them in the Banking Committee. But if the other Republicans want her, I'd vote to confirm her," Shelby said.
"Federal Reserve announces first emergency rate cut since the financial crisisKennedy also aired concerns at Shelton's hearing, pressing her on what she would do if the US economy were to fall into a recession. Democratic senators also had grilled Shelton, describing her as flip-flopping on decades of her work in order to align herself more closely with the President's views.The chairman of the Banking Committee, Sen.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dick Van Dyke Vamps for Sen. Bernie Sanders by Strutting, Singing at L.A. RallyDick Van Dyke brought a serious strut to a Bernie Sanders rally that the Bernie Bros will likely copy.
Read more »
Sen. Amy Klobuchar To Suspend Presidential CampaignBREAKING: Sen. Amy Klobuchar is suspending her presidential bid and plans to endorse Joe Biden, according to her campaign.
Read more »
Sen. Amy Klobuchar will drop out of the presidential race, endorse Joe BidenKlobuchar plans to endorse Biden at a rally in Dallas on Monday night, a day before the primary in her home state of Minnesota.
Read more »
Ex-Sen. Harry Reid endorses Joe Biden for president: 'A much-needed stabilizing force'The former U.S. Senator, who remains a powerful political kingmaker in Nevada, said Biden can unseat President Donald Trump in November.
Read more »
'The Voice': Blake Shelton lays a big kiss on Nick Jonas after blocking him'As you can see I thought you were amazing, but my friend Blake over here decided to cut me off,' Jonas said told country/rock singer Joei Fulco. 'This is unfair.'
Read more »
Fed Cuts Rates To Combat Coronavirus Impact On Markets, Trump Calls For 'More Easing And Cutting'The Fed announced that it will cut interest rates by 50 basis points in an effort to mitigate the economic damage caused by the global coronavirus outbreak by theothersarahh
Read more »