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Trump’s Fed Nomination In Trouble

February 8, 2018 · 2:55 pm ET · Leave a Comment

Sen. Rand Paul (R-KY) “said he will vote against Marvin Goodfriend’s bid to become a member of the Federal Reserve board, a move that could sink the nomination on the Senate floor,” Politico reports.

“Goodfriend, nominated by President Trump, was approved by the Senate Banking Committee in a 13-12 party-line vote, indicating that he is unlikely to receive any Democratic support. With Sen. John McCain (R-AZ) out for health reasons, any Republican ‘no’ vote could defeat his nomination.”

Financial Markets Marvin Goodfriend

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Taegan Goddard

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