The maneuver is the latest step in an opposition campaign by Mr. Toomey against Ms. Raskin, who would serve as the nation’s top bank cop if confirmed.
“Until basic questions have been adequately addressed, I do not think the committee should proceed with a vote on Ms. Raskin,” Mr. Toomey said in the statement.
A spokesperson for the Senate Banking Committee acknowledged that the Republican push would likely delay the process but suggested that it did not spell outright defeat for any of the nominations. Senator Sherrod Brown, Democrat of Ohio and the chair of the Banking Committee, suggested he was still going to try to hold a vote, though it was unclear whether that would work.
“I’m hopeful that at least one of them shows up,” Mr. Brown said of the Republicans.
Mr. Toomey has criticized Ms. Raskin for past comments on climate-related regulation, calling them disqualifying, and more recently has zeroed in on her work for a financial company in between her government stints. Mr. Toomey and his colleagues have said that Ms. Raskin, a former Fed and Treasury official, contacted the Federal Reserve Bank of Kansas City on behalf of Reserve Trust, a financial technology company for which she served as a board member. Reserve Trust managed to secure a strategically important account with the Fed while she was on its board.
While the Kansas City Fed has insisted that it followed its protocol in granting Reserve Trust’s master account, and nothing Ms. Raskin did appears to have been against government rules, Mr. Toomey has resisted her confirmation, asking for more information.