WASHINGTON (Reuters) - Republican U.S. Senator Rand Paul threatened on Friday to put a 'hold' on the nomination of Janet Yellen to be chair of the Federal Reserve unless he gets a vote on a bill he has sponsored to put the central bank under more scrutiny.
"As part of Senate consideration of the Janet Yellen nomination to be chair of the Federal Reserve, I will request a vote on my bipartisan Federal Reserve Transparency Act," Paul said in a statement. "The American people deserve transparency from the Federal Reserve and the federal government as a whole."