A source close to Sen. Rand Paul (R-KY) said the senator may put a hold on Janet Yellen’s nomination to chair the Federal Reserve, CNBC reported Friday.
Paul wants his Fed transparency bill, which would mandate a complete audit of the Federal Reserve, to come to a vote and has informed Senate leadership of his intentions to formally put the hold in place next week, the source told CNBC.
A request for comment was not immediately returned by Paul’s office.
This post has been updated.
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