Economist Christopher Waller has been confirmed as a Federal Reserve governor, following a party-line vote Thursday in the Senate.At the same time, the previous controversial nomination of Judy Shelton for a similar position is likely over now that she has lost key Republican support and the Democrats have officially gained another seat.Though he had much stronger bipartisan support during his confirmation hearing, Waller’s name passed by a 48-47 vote, with Republican Rand Paul being the sole GOP member to vote against.At the same time, the seating of Arizona Democrat Mark Kelly, who unseated Republican Sen. Martha McSally, …
