U.S. Senator Kevin Cramer (R-ND), a Senate Banking Committee member, issued the following statement on the Senate Banking Committee approving the nominations of Judy Shelton and Christopher Waller to be Federal Reserve Board Governors today:
"Shelton and Waller are well-qualified nominees ready to step up to the plate and serve our country. The Federal Reserve needs to have all hands on deck as it continues to implement CARES Act programs and help the businesses and nonprofits in need of assistance. I appreciate my colleagues joining me in supporting their nominations, and I urge the Senate to act quickly."