WASHINGTON – The Senate on Thursday narrowly confirmed the nomination of Christopher Waller for the Federal Reserve's Board of Governors, placing another of President Donald Trump's picks on the Fed's influential board after a string of high-profile rejections.
The vote in favor of Waller was 48-47. Waller, research director at the Federal Reserve Bank of St. Louis, taught economics for nearly 25 years before joining the St.
Louis Fed in 2009. He has endured far less scrutiny than Judy Shelton, the controversial nominee he was paired with and who was voted down in the Senate last month.Still, Waller's confirmation vote in the full Senate broke down along party lines, a shift from the vote in the Senate Banking Committee in July, when some.