banks

GOP senators sound optimistic about Trump’s new Fed picks
They’re at least faring better than the president’s last two picks

Sen. John Kennedy, R-La., spoke highly of Federal Reserve nominee Christopher Waller. (Bill Clark/CQ Roll Call file photo)

A week after President Donald Trump tweeted his intention to nominate Judy Shelton and Christopher Waller to the Federal Reserve Board, GOP senators are expressing cautious optimism about both picks, despite Shelton’s unorthodox views on monetary policy.

They’re at least better than the president’s previous two picks — Stephen Moore and Herman Cain dropped out before they were officially nominated — said Sen. Richard C. Shelby, R-Alabama. “Well, we haven’t evaluated them yet, but the previous two were lacking in a lot of things,” he said.

How Attacking Sanders Could Hurt Clinton in November
Auto bailout line could feed into Trump's narrative

Hillary Clinton has accused rival Bernie Sanders of voting against an auto industry bailout in 2009, but the charge, disputed by the Sanders campaign, could backfire. (Bill Clark/CQ Roll Call)

Bernie Sanders is again hitting Democratic presidential primary challenger Hillary Clinton for what he calls her misleading description of his vote on a massive auto industry bailout measure. And it could help Donald Trump .  

The Sanders campaign is taking umbrage with comments Clinton made in Kentucky  ahead of that state’s Democratic primary on Tuesday about Sanders' 2009 vote.