NEWARK, NJ— Sen. Cory Booker drew sharp criticism Thursday after a tense exchange during a Senate Judiciary Committee hearing over the nomination of Emil Bove to a federal judgeship. The incident drew…
Chris Brunet on February 15, 2022 The Senate Banking Committee was set to vote on President Joe Biden’s slate of Federal Reserve nominees on Tuesday, but Republicans threatened to boycott the vote,…
– The U.S. Senate Banking committee’s top Republican on Friday took renewed aim at President Joe Biden’s nominee to a senior Federal Reserve post, Sarah Bloom Raskin, suggesting she had improperly lobbied…
Republican members of the Senate Commerce Committee grilled Gigi Sohn, President Joe Biden’s nominee for the Federal Communications Commission (FCC), at a hearing Wednesday, questioning her history as a left-wing activist. Republican…
WASHINGTON – White House press secretary Jen Psaki defended Federal Reserve Board nominee Sarah Bloom Raskin on Monday as a qualified nominee amid criticism from conservatives that she is a bad fit.…
Senate Republican Leader Steven Oroho and Senator Michael Doherty said the Senate Judiciary Committee must perform a thorough vetting of Attorney General nominee Matt Platkin, including his handling of Katie Brennan’s alleged…
Several fossil fuel industry groups have lined up in opposition to a top Federal Reserve nominee, saying her preferred climate policies would be antithetical to the central bank’s mission. The organizations have…
By Pete Schroeder and Hannah Lang WASHINGTON -Sarah Bloom Raskin, President Joe Biden’s pick to be the Fed’s top bank regulator, told U.S. lawmakers on Thursday that she believes banks need strict…
NEW YORK – Lisa Cook, one of President Joe Biden’s nominees to serve on the Federal Reserve board, defended her academic record and professional experience during a Senate confirmation hearing on Thursday,…
By Jonnelle Marte NEW YORK -One of President Joe Biden’s nominees for the Federal Reserve’s Board of Governors received a key Republican endorsement on Thursday when the ranking member of the Senate…
Chris Brunet on February 2, 2022 President Joe Biden’s latest nominee to regulate the banking industry blocked the Senate Banking GOP Twitter account in advance of her confirmation hearing on Thursday. The…
Chris Brunet on January 31, 2022 President Joe Biden’s nominee to regulate the banking industry has previously expressed support for economic reparations to black Americans, Fox Business reported Monday. Lisa Cook, a…
A large coalition of state financial officers announced their opposition to one of President Joe Biden’s top nominees for the Federal Reserve over her “radical” policy positions. Sarah Bloom Raskin would put…
By Jeff Mason and Andrea Shalal WASHINGTON -White House press secretary Jen Psaki on Monday rejected concerns that Sarah Bloom Raskin would be unable to maintain independence at the Federal Reserve given…
By Ted Hesson WASHINGTON – U.S. Senator Dick Durbin, the second-highest ranking Democrat in the Senate, is reaching out to Republicans to assure them they will have the chance to meet with…
Chris Brunet on January 27, 2022 The largest lobbying group in the U.S. is raising concerns over President Joe Biden’s latest high-profile nominee, according to a letter released Thursday. “Some of Ms.…
By Lawrence Hurley, Andrew Chung and Jason Lange WASHINGTON – President Joe Biden can make history by appointing the first Black woman to the U.S. Supreme Court to succeed the retiring Justice…
Chris Brunet on January 20, 2022 President Joe Biden’s latest high-profile Fed nominee is in danger of being struck down in the Senate because she is widely seen by her peers as…
President Joe Biden’s pick for the empty seat on the Federal Communications Commission (FCC), Gigi Sohn, is set to have her confirmation hearing before the Senate Commerce Committee on Wednesday, where she…
Key Democrat Senators reportedly said they would oppose President Joe Biden’s nominee to head the Office of the Comptroller of the Currency. Democratic Sens. Jon Tester of Montana, Mark Warner of Virginia,…
Republican Florida Sen. Marco Rubio blasted President Joe Biden’s nominee to lead the Office of the Comptroller of the Currency, saying she supports communist policies on Friday. “Saule Omarova supports abolishing private…
Saule Omarova, President Joe Biden’s pick for a top Treasury Department position, struggled to answer whether she thinks higher gasoline prices are bad for the U.S. during a Banking Committee hearing Thursday.…
Republican Louisiana Sen. John Kennedy blasted President Joe Biden’s nominee to lead the Office of the Comptroller of the Currency, Saule Omarova, during a Senate Banking hearing Wednesday. Kennedy asked Omarova about…
President Joe Biden’s nominee to lead the Office of the Comptroller of the Currency (OCC) was arrested for allegedly shoplifting merchandise at a TJ Maxx, according to a police report. Cornell Law…
Senate Commerce Republicans are whipping opposition to the nomination of Gigi Sohn, one of President Joe Biden’s picks for the Federal Communications Commission (FCC). Biden nominated Sohn, former FCC counsel under Tom…
President Joe Biden’s nominee for the comptroller of the currency blasted Democratic West Virginia Sen. Joe Manchin in early 2020, saying he “is supposed to be on the Democratic side” as she…