Chris Dodd: “Limited Amount of Time” for Fed Nominees

The Wall Street Journal reports that Senator Chris Dodd does not believe that Federal Reserve nominees will get a vote prior to November.

He said the issue of whether to bring the nominations up for a debate and vote hadn’t been discussed when Senate Democrats met Tuesday afternoon to discuss strategy.

“We’ve got a limited amount of time here, I don’t know if there’s going to be any appetite to deal with these Fed nominees,” Dodd said.

The three Fed nominees are current Federal Reserve Bank of San Francisco President Janet Yellen to be a member of the board and vice chairman of the institution, as well as Sarah Bloom Raskin and Peter Diamond to be members of the Fed’s board.

That there is a “limited amount of time” is understandable, I suppose. After all, the nominations were made in April, just a few short months ago….

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Alex Knapp
About Alex Knapp
Alex Knapp is Associate Editor at Forbes for science and games. He was a longtime blogger elsewhere before joining the OTB team in June 2005 and contributed some 700 posts through January 2013. Follow him on Twitter @TheAlexKnapp.