Raskin, Sarah Bloom
Biden to Nominate Michael Barr as Fed Vice Chair for Supervision
“I intend to support President Biden’s nominee for this important role at the Fed,” Ms. Warren said in a statement. Mr. Barr has indicated he will sign on to an ethics pledge that could help ease concerns about his ties to the financial technology industry, said a person familiar with the matter who was not […]
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Biden Withdraws Sarah Bloom Raskin as Nominee for Fed’s Top Bank Cop
Sarah Bloom Raskin, President Biden’s nominee to serve as the Federal Reserve’s top bank regulator, withdrew from consideration after a Democratic senator said he would join Republicans in voting against her. Ms. Raskin sent a letter to the White House on Tuesday with her decision, according to two people familiar with the decision. While that […]
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Manchin Won’t Support Raskin for the Federal Reserve
Senator Joe Manchin III, a key centrist Democrat, announced on Monday that he would not support Sarah Bloom Raskin for a top position on the Federal Reserve, potentially dooming her chances for confirmation as Republicans show little appetite for placing a supporter of stricter bank regulation into the powerful role. Without Republican support in the […]
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Senate Republicans Stall Crucial Vote on Fed Nominees
President Biden’s plans to reshape the Federal Reserve suffered a setback on Tuesday as Republicans delayed a key vote on his five nominees for its Board of Governors. Republicans did not show up for a committee decision that would have advanced the nominees to the full Senate for a confirmation vote. Because a majority of […]
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Biden Will Nominate Three New Fed Officials
President Biden plans to nominate three new Federal Reserve officials as he seeks to remake the central bank at a critical economic moment, a White House official familiar with the matter said on Thursday. If confirmed, his picks would result in the most diverse Fed board in the institution’s history. The White House plans to […]
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