Source: www.reuters.com
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(Reuters) - Jerome Powell, nominated for a second term as chair of the Federal Reserve by President Joe Biden, could get U.S. Senate confirmation late on Wednesday, according to a timeline outlined by Senate Banking Committee Chair Sherrod Brown.
Asked the status of the Senate votes on Powell and a seocnd Fed nominee, Davidson College dean of faculty Philip Jefferson, Brown told Reuters that they could take place “either tonight or tomorrow. ... I’m confident we’ll get them done by tomorrow.”
Brown said a crowded Wednesday Senate agenda could push the votes into Thursday. Both Powell and Jefferson are expected to have bipartisan support.
Reporting by Ann Saphir; Editing by Leslie Adler
