Fed Nominee, Ukraine and Midterms

The Federal Reserve Board has seven members but for months has been operating with only four Governors; that changed when the Senate gave final approval to Lisa Cooks on a partisan 51 - 50 vote and Philip Jefferson on a bipartisan vote of 91 – 7.  This still leaves the Fed Board one member short of its full seven member authorized level.  This past week the Senate Banking Committee began hearings on the final Biden nominee, Michael Barr.

Mr. Barr served in both the Clinton and Ob...

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