Senate Committee on Banking
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 […]
Know More
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 […]
Know More