Crypto-friendly Wyoming Senator Cynthia Lummis has expressed significant concerns about the crypto track records of President Joe Biden’s nominees to head up the Federal Reserve for its next term, current Fed chair Jerome Powell and Fed governor Lael Brainard. As a result, she is likely to oppose the nominations and rally other Senators against them unless the Fed addresses her … [Read more...] about Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds
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Democratic senators oppose President Biden’s OCC Omarova nomination
A group of five Democratic senators has reportedly rejected President Joe Biden’s nominee, Saule Omarova, to head the Office of the Comptroller of the Currency (OCC). Omarova’s nomination as a bank regulator was initially opposed by three members of the Senate Banking Committee — Senators Jon Tester, Mark Warner, and Kyrsten Sinema — on a phone call with panel chairman Sen. … [Read more...] about Democratic senators oppose President Biden’s OCC Omarova nomination