Vote On Yellen Fed Appointment Delayed Until January

The Senate won’t be voting on Janet Yellen’s nomination to be the next Federal Reserve Board Chairman until it returns in January, mostly because Senators wanted to get out of town:

The Senate will vote on the nomination of Janet Yellen to be the next chairman of the Federal Reserve in January.

Majority Leader Harry Reid announced Thursday night that Republicans and Democrats had worked out an agreement on votes for several of President Barack Obama’s nominees, including Yellen.

The Senate plans a test vote to move ahead on Yellen’s nomination on Friday and will then vote Jan. 6 on her confirmation. The agreement means the Senate, bitterly divided over nominees, will leave town after the Friday votes.

After all, they’ve got tee times scheduled next week, people. There have to be priorities.

FILED UNDER: Congress, Economics and Business, US Politics, , , ,
Doug Mataconis
About Doug Mataconis
Doug Mataconis held a B.A. in Political Science from Rutgers University and J.D. from George Mason University School of Law. He joined the staff of OTB in May 2010 and contributed a staggering 16,483 posts before his retirement in January 2020. He passed far too young in July 2021.

Comments

  1. stonetools says:

    Thanks to filibuster reform, though, Yellin will get an up or down vote and will be quickly confirmed. DEMOCRACY!

  2. Tyrell says:

    Democracy does not need rushed, rubber stamp voting without forethought, research, input, discussion, and checking the “fine print”. No more of this “We will have to pass it so we can see what’s in it”.
    There needs to be an immediate, independent audit of the Reserve. A recent poll found 74% of the people favored this and this was passed a few years ago by Congress. Why hasn’t it happened?
    There needs to be transparency.
    See: “Secrets of the Federal Reserve”.

  3. al-Ameda says:

    @Tyrell:

    Democracy does not need rushed, rubber stamp voting without forethought, research, input, discussion, and checking the “fine print”.

    Republicans are not prohibited from expressing their opinions and concerns about Yellen, and eventually there will be a normal pluperfect democratic up-or-down vote on Yellen. That seems very Democracy-oriented to me.

    By the way, Eustace Mullins was an anti-semite who quite naturally came to see the Federal Reserve in a conspiratorial light.