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Jerome Powell will be confirmed as Fed Chair in 10 minutes. Let's take a walk down memory lane and remember what senators said about Yellen 4 years ago. As Victoria notes, no Fed Chair has ever gotten fewer votes for confirmation. (Thread)
McConnell: "I will not be supporting Janet Yellen’s confirmation to the Fed, in large part over serious concerns I have about her commitment to the most important job of the central bank — maintaining the purchasing power of the dollar.” businessinsider.com/mitch-mcconnel…
Cornyn: “Ms. Yellen subscribes to the liberal school of thought that the best way to handle to our nation’s fiscal challenges is to throw more money at them." cornyn.senate.gov/content/sen-co…
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