Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Biden budget nominee grilled from right and left at second hearing

Published 02/10/2021, 01:49 PM
Updated 02/10/2021, 02:01 PM
© Reuters. Senate panel holds hearing on Biden budget nominee Neera Tanden

By Patricia Zengerle and Andrea Shalal

WASHINGTON (Reuters) - Neera Tanden, President Joe Biden's nominee to head the U.S. Office of Management and Budget, was skewered from both the right and left at a second confirmation hearing on Wednesday.

Senate Budget Committee Chairman Bernie Sanders questioned Tanden closely about millions of dollars in donations to the Center for American Progress, where she is chief executive.

"CAP has received money from some of the most powerful special interests in our country," said the liberal senator, an independent who caucuses with Democrats.

Tanden said those contributions would have "zero impact on my decision making."

The Office of Management and Budget serves as gatekeeper for the $4 trillion federal budget.

The Budget Committee is the second of two to hold hearings on Tanden. She appeared before the Homeland Security and Governmental Affairs committee on Tuesday.

Tanden addressed a wide range of issues, including pledging to back an increase in the minimum wage and insisting U.S. economic growth will not return to pre-pandemic levels for years without additional fiscal stimulus.

Republicans again focused on Tanden's past harsh comments on social media, such as calling Republican leader Mitch McConnell "Moscow Mitch".

"This is not the unifying pick that I was looking for," said Senator Lindsey Graham (NYSE:GHM), the committee's ranking Republican.

Democrats pushed back. The hearing took place on the second day of former Republican President Donald Trump's impeachment trial on a charge of inciting the deadly Jan. 6 attack on the Capitol, partly via inflammatory comments on Twitter.

"We've endured four years of the ultimate mean tweets," Democratic Senator Debbie Stabenow noted.

Sanders noted that Tanden, who backed his rival Hillary Clinton in the 2016 Democratic presidential race, has also clashed with the left. "There were vicious attacks made against progressives, people who I have worked with, me personally," he said.

Tanden said she recognized the harm her words had done: "I apologize to people on either the left or right who were hurt by what I've said," she said.

Sanders did not say whether he would back Tanden.

© Reuters. Senate panel holds hearing on Biden budget nominee Neera Tanden

She can be confirmed without Republicans, because Vice President Kamala Harris can break a tie in the 100-member Senate, but only with unanimous support from the Democratic caucus.

Latest comments

Rules for thee, but not for me.
More crooks in Bidens Cabinet
Mohamed dahir Mohamed
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.