Eideard

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Posts Tagged ‘Lael Brainard

Top financial diplomat confirmed 78-19 after a year of “NO”

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Democracy manages to slip into the U.S. Senate

Lael Brainard won Senate confirmation today as the Treasury Department’s top financial diplomat, giving her a key role in U.S. efforts to persuade China to adopt a more flexible currency.

The Senate approved President Barack Obama’s nominee in a bipartisan 78-19 vote that was stalled more than a year by Republican concerns over Brainard’s tax payments.

That’s a year of stalling, hemming and hawing by crap moralists like Jim Bunning of Kentucky. One of the Republican thugs who specialized in blocking unemployment checks.

Nineteen Senate Republicans joined 57 Democrats and two independents in confirming Brainard Treasury Department under secretary for international affairs…

The timing of the confirmation vote is significant as it occurs before meetings this week of the Group of 20, the smaller Group of Seven and the International Monetary Fund and World Bank…

As well as holding a key position in talks with China, Brainard would help shepherd U.S. official positions through the global lending agencies that are being urged to take on a stronger role in monitoring global currency policies.

The Party of NO continues their favorite folk dance – Blocking the Road.

Written by eideard

April 20, 2010 at 6:00 pm

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