U.S. Treasury hobbled by Cruz’s nomination holds, officials say

The U.S. Treasury is being held hostage by Republican Senator Ted Cruz’s efforts to halt a Russia-to-Germany gas pipeline, blocking critical appointments when the federal debt limit remains a pressing issue, White House officials and Democrats in Congress say.

Only four confirmed nominees are in place in the top ranks of the Treasury, of about 20 slots for presidential picks, officials say. More than eight months after Democratic President Joe Biden took office, his nominees across the government are being approved at a slower rate than the past three presidents, federal data shows.

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