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    lisa cook

    Sen. Sherrod Brown

    Senate GOP Shamed for Stalling Vote on Biden's Fed Nominees

    "Ranking Member Toomey chose to abdicate his duty to the American people and put our economic recovery at risk, instead of doing his job," said a top Democrat.

    Jessica Corbett
    Feb 15, 2022

    Activists and Democratic senators were outraged Tuesday after some Senate Republicans skipped a key committee vote, delaying the confirmation of President Joe Biden's five Federal Reserve nominees to protest his pick for the top banking regulator.

    "The Federal Reserve is at a critical juncture where it must have the expertise to tackle the compound crisis of Covid, inflation, and unemployment, and the realities of the climate crisis in our communities."

    Keep ReadingShow Less
    News
    federal reserve
    Climate protesters

    Climate Advocates Call on Senate to Confirm Key Fed Nominees

    The slate of nominees, said one campaigner, is "critical to the success of the Federal Reserve and the role it plays to protect peoples' interests."

    Andrea Germanos
    Feb 03, 2022

    Progressive groups are urging the U.S. Senate to confirm three of President Joe Biden's nominees for the Federal Reserve Board, arguing that the highly qualified candidates are needed to help address the needs of workers and the climate emergency.

    "This slate of nominees can get the Federal Reserve back to work and address these serious crises through smart regulation."

    Keep ReadingShow Less
    News
    federal reserve
    Fed Chair Jerome Powell

    AOC, Tlaib Lead Call for Biden to Replace Trump Fed Chair With Climate Champion

    "We need a leader at the helm that will take bold and decisive action to eliminate climate risk."

    Jake Johnson
    Aug 31, 2021

    A group of progressive lawmakers led by Reps. Alexandria Ocasio-Cortez and Rashida Tlaib urged President Joe Biden on Tuesday to replace Federal Reserve Chair Jerome Powell--a Trump appointee--with a leader committed to tackling systemic climate risk and strictly regulating Wall Street banks.

    "Under his leadership the Federal Reserve has taken very little action to mitigate the risk climate change poses to our financial system."
    --Letter

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    News
    jerome powell

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