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Shelton’s Fed Nomination Blocked in Blow to Trump, McConnell

Posted by Khaled Libyan on August 20, 2021
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Shelton’s Fed Nomination Blocked in Blow to Trump, McConnell

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Judy Shelton’s nomination towards the Federal Reserve Board had been blocked within the Senate Tuesday, a sensational setback for Senate Majority Leader Mitch McConnell and a blow to President Donald Trump’s drive to shake up the U.S. main bank before he will leave workplace.

The GOP was left short of the votes needed to overcome united Democratic opposition after covid-19 exposure forced two Republican senators into quarantine. McConnell switched their vote to no as soon as the results became clear, a move that is tactical allows him to create the nomination up for reconsideration. Which could take place when this week if a person of this two quarantining senators can get back.

Photographer: Andrew Harrer/Bloomberg

Republican Senators Mitt Romney of Utah and Susan Collins of Maine joined with 47 Democrats as well as 2 independents in a vote that is 50-47 advancing Shelton’s nomination. Continue Reading

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