Brown Plans Quick Hearing for Fed Picks, Touts Raskin’s Resume

Senate Banking Chair Sherrod Brown plans an early February hearing for President Joe Biden’s three most recent Federal Reserve picks and said he expects bipartisan confirmations of all five nominees to the central bank’s board.

The nominations of Sarah Bloom Raskin for vice chair of supervision as well as Lisa Cook and Philip Jefferson for the other open spots on the board will be reviewed together, Brown told reporters Tuesday.

Federal Reserve Chairman Jerome Powell and vice chair nominee Lael Brainard had their hearings last week. Brown said he has spoken to Majority Leader Chuck Schumer about getting all ...