Toomey attacks 'extreme left-wing' Biden Fed nominees at hearing, Dems tout regulators' qualifications
Toomey, R-Pa., also lambasted another nominee for alleged "extreme left-wing political advocacy," as the nominees pushed back and Democrats said GOP attacks require "a suspension of common sense."
Raskin pushed back on Toomey's comments. Under questioning from Banking Committee Chairman Sherrod Brown, D-Ohio, Raskin said she would remain apolitical in her role and defended her record as a regulator. Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, is sworn in before a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, Feb. 3, 2022.BIDEN FED NOMINEE SAYS REGULATORS SHOULD PUSH TO ‘ALLOCATE CAPITAL’ AWAY FROM FOSSIL FUELS
"It was written in a context, senator, that had to do with emergency lending. It did not have to do with the context of supervision," Raskin responded – drawing a distinction between the Fed's role and the distribution of emergency virus cash. "She has publicly supported race-based reparations, promoted conspiracies about Georgia voter laws, and sought to cancel those who disagree with her views, including publicly calling for the firing of an economist who dared to tweet that he opposed defunding the Chicago police," Toomey continued. Toomey further attacked Cook for blocking the Senate Banking Committee Republicans Twitter account.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Biden Fed nominees brace for tense Senate hearingThe confirmation hearing for three Biden nominees to the Fed will be a high-stakes and potentially tense affair. If one were to falter, it would undermine Biden's push to remake the Fed to be more concerned about climate change and racial equality.
Consulte Mais informação »
Biden Fed nominee to face tough questions over climate activism from Senate RepublicansSarah Bloom Raskin, President Biden’s nominee to become the Federal Reserve's top Wall Street regulator, could face difficult questions from Senate Republicans on Thursday over concerns that her 'extreme' stances on issues like climate change could endanger the central bank's independence.
Consulte Mais informação »
U.S. Senator Toomey admits crypto is ‘here to stay’ and a ‘diversified portfolio should have some’The subject of whether or not members of congress should trade or purchase cryptocurrency or other financial assets has received... Continue reading
Consulte Mais informação »
Biden plans 'several' stops on Asia trip, region to remain focus -U.S. officialJoe Biden plans several stops during a visit to Asia this spring, which will be his first to the region as president and include a summit with three key regional allies in Japan, a senior administration official told Reuters.
Consulte Mais informação »
Biden signs bill awarding Congressional Gold Medal to WWII's 'Ghost Army'President Joe Biden on Tuesday signed a bill into law that awards the Congressional Gold Medal to a top-secret US Army unit that used deceptive tactics like inflatable tanks, fake radio transmissions and sound effects to fool enemy forces during World War II.
Consulte Mais informação »