John Thune on Vote to Confirm Fed Chair Nominee: ‘Kevin Warsh Seems To Have Just the Profile of a Federal Reserve Chairman’
‘Yet, Democrats oppose his nomination’
EXCERPT:
THUNE: “Mr. President, being the youngest person to take a seat in the Federal Reserve's boardroom is impressive enough. But Kevin Warsh didn't just take a seat. He was a key player during the time he was on the board. Mr. President, Kevin Warsh seems to have just the profile of a Federal Reserve chairman, yet Democrats oppose his nomination. That's right. For the first time in its history, the Banking Committee reported out a nominee for Fed chairman on a party-line vote, because every single Democrat opposed Mr. Warsh's nomination. And actually, only one Democrat was even present for the vote. The other 10 Democrats on the Banking Committee didn't even bother to show up for it.”
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