The Senate on Tuesday rejected a move to advance President Donald Trump's nomination of Judy Shelton to the Federal Reserve Board, thanks to the absence of key GOP lawmakers and opposition from others.
The move is the latest setback on the Fed for Trump, who has seen several of his other picks for the central bank rebuffed.
Read more: https://www.politico.com/news/2020/11/17/senate-rejects-move-to-advance-trump-fed-nominee-437067
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