WASHINGTON—Senate Republicans were preparing to advance Tuesday through the final steps needed to confirm a nominee of President Trump to a seat on the Federal Reserve’s board of governors but faced a narrow path due to absences and some opposition in their ranks.
If confirmed, Judy Shelton, a critic of the central bank who is close friends with Mr. Trump’s economic adviser Lawrence Kudlow, would fill one of two vacancies, with a term that runs through January 2024.
The…
