GOP Might Start Fed Confirmation Blockade Over Raskin

GOP Might Start Fed Confirmation Blockade Over Raskin

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the complexities surrounding the Senate Banking Committee's vote on Sarah Bloom Raskin's nomination for a top Fed position. Republican Senator Pat Toomey has expressed concerns, potentially blocking her nomination. This raises questions about the impact on other nominees like Jerome Powell and Lael Brainard. Despite bipartisan support for the Fed chair, there are concerns about the Fed's direction, especially with recent inflation data showing a 7.5% increase.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern of Senator Pat Toomey regarding the Federal Reserve nominations?

The overall number of nominees

The qualifications of Jerome Powell

The timing of the vote

The nomination of Sarah Bloom Raskin

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic move might the Democrats consider to ensure the approval of other nominees?

Increasing the number of nominees

Setting aside Sarah Bloom Raskin's nomination

Focusing on Jerome Powell's nomination

Postponing all nominations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of blocking Sarah Bloom Raskin's nomination?

It could delay the entire nomination process

It would have no impact

It would ensure all other nominees are approved

It would lead to a new set of nominees

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent economic data has raised questions about the Federal Reserve's direction?

Unemployment rate

Interest rate changes

Stock market performance

7.5% inflation rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which nominee is mentioned as having bipartisan support?

Sarah Bloom Raskin

Pat Toomey

Lael Brainard

Jerome Powell