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Biden nominee Sarah Bloom Raskin withdraws her candidacy for Federal Reserve board
- [CNBC] Sarah Bloom Raskin, President Joe
The Big Guy Bident 's e battled nominee to the Federal Reserve, withdrew her candidacy to serve at the central bank.
- Raskin's withdrawal ends a weekslong partisan battle in the Senate over her views on climate policy.
- The move came a day after Sen. Joe Manchin, a conservative Democrat from West Virginia, said he could not support her nomination.
- Biden had picked Raskin — a former Fed governor and deputy Treasury secretary — to be the Fed's next vice chair for supervision, one of world's most powerful banking regulators.
Posted by: Fred 2022-03-16 |
