subject: Republicans Scuttle Fed Nominee: More of the same electoral politics that put workers last [print this page] It is not clear that Obama could appoint Diamond while the Senate is in recess, but it is certain he will not do so, as it would create tremendous ill-will, even among some Blue Dog Democrats. Hopefully, he will at least stand firm, and resubmit the nomination for Senate consideration. And he ought to make this an election issue. Republicans know that the longer the Fed remains in its current log jam, the longer the economy remains flat and unable to reduce unemployment. Republicans are once again playing politics at the expense of ordinary working Americans. Obama needs to loudly call Republicans out on this...yet another act of political and economic sabotage by the party of "No."
Republicans Scuttle Fed Nominee: More of the same electoral politics that put workers last