Senate Majority Whip John Thune, R-S.D, said Tuesday that the U.S. Senate is short the 51 votes needed to confirm President Trump’s controversial pick of Judy Shelton to serve on the Federal Reserve’s interest-rate-setting committee. It’s the Federal Reserve. FEDERAL RESERVE OFFERING $2.3 TRILLION IN LOANS TO FURTHER SUPPORT US ECONOMYVice President Mike Pence could break a 50-50 tie if Thune is able to confirm 50 Republican votes. The Senate Banking Committee approved Shelton’s nomination by a 13-12 party-line vote, allowing the full Senate to vote on her confirmation. National Economic Council Director Larry Kudlow has also pushed his support behind Shelton for the federal post.
Source: Fox News September 15, 2020 20:48 UTC