While most Republicans on the panel back Jerome Powell, they appear unified in their objection to Sarah Bloom Raskin's nomination as vice chair for supervision.
- Republicans on the Senate Banking Committee plan to boycott a meeting scheduled for Tuesday afternoon to vote on President Joe Biden's slate of nominees to the Federal Reserve, a person familiar with the matter said, a move that could delay their consideration by the full Senate.
While most Republicans on the panel back Powell, they appear unified in their objection to Sarah Bloom Raskin's nomination as vice chair for supervision, the top U.S. banking regulatory role. They have attacked Raskin over her past comments on using financial rules to police climate change.
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