Schumer Tees Up Fed Confirmation Votes for Late April

Senate Majority Leader Chuck Schumer on Thursday teed up two of President Joe Biden’s four Federal Reserve Board nominees for votes by the full chamber later this month.

Schumer took a procedural step before the Senate leaves for a two-week break seeking to limit debate on Lael Brainard’s nomination for vice chair, as well as Lisa Cook’s nomination for Fed governor when lawmakers return.

Biden’s other two nominees -- Jerome Powell for another term as Fed chair and Philip Jefferson for Fed governor -- have widespread support and may not need face attempts by Republicans to extend ...