Senate Republicans, led by Mitch McConnell, have an opportunity to fill two key posts at the Federal Reserve before President-elect Joe Biden takes office. Should they do so, it could complicate any efforts to steer financial regulation in a considerably tighter direction in the near term.
There are currently two open seats on the Federal Reserve Board of Governors. President Trump has nominated Judy Shelton and Christopher Waller for those positions, but neither has been confirmed by the Senate. Republicans could potentially…