The presidential vote of confidence for Powell reflects the White House and Treasury's desire for low interest rates to fund the public debt and support high asset prices, as well as the probability that the Senate will quickly confirm the nominee. (alt-m.org)
Reacting to the development, the Central Regional Minister, Kwamena Duncan, expressed his disappointment and appealed to the members to reach a consensus to confirm the nominee at their next meeting. (citifmonline.com)
Senator Sani in his point of order drew the attention of lawmakers to remarks allegedly made by Acting President Yemi Osinbajo that the Senate has no powers to confirm nominees apart from ministerial and ambassadorial nominees. (nigeriapoliticsonline.com)