Senate Sets Wednesday Vote to Advance Waller’s Fed Nomination
- No indication that McConnell will seek to confirm Judy Shelton
- Shelton’s chances fading with arrival of new Senate Democrat
Christopher Waller
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
The Senate is set to vote Wednesday to advance the nomination of Christopher Waller to the Federal Reserve Board, but Majority Leader Mitch McConnell hasn’t indicated he’ll try to revive the confirmation of President Donald Trump’s other Fed nominee, Judy Shelton.
The procedural move, which was expected, is a prelude to a likely confirmation later this week on the Senate floor for Waller, research director at the Federal Reserve Bank of St. Louis.