Senate Advances Federal Reserve Nomination

Senate Homeland Security Committee Chairman Rand Paul (R-Ky.), whose committee will mark up a portion of the Senate budget reconciliation bill to fund immigration enforcement operations, says there’s a good chance that the $1 billion in funding for the White House ballroom will be removed from the b

The Senate voted on Monday to advance the nomination of Kevin Warsh to the Federal Reserve Board of Governors, putting him on track to be confirmed later this week to replace Jerome Powell as chairman of the Federal Reserve. The Senate voted 49-44 to advance the nomination, a development that was ex