Mr. President, Kevin Warsh seems to have just the profile of a Federal Reserve chairman. Yet Democrats oppose his nomination. That's right. For the first time in its history, the Banking Committee reported out a nominee for Fed Chairman on a party line vote because every single Democrat opposed Mr. Warsh's nomination. And actually only one Democrat was even present for the vote. The other 10 Democrats on the Banking Committee didn't even bother to show up for it. (01:42–01:56)
CLAIM
Asserts that the Banking Committee reported out a nominee for Fed Chairman on a party line vote for the first time in its history.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
