Sarah Bloom Raskin Withdraws Nomination to Federal Reserve Board

Sarah Bloom Raskin, President Joe Biden’s controversial nominee to the Federal Reserve Board, has withdrawn her nomination one day after Sen. Joe Manchin (D-W.Va.) revealed he couldn’t support her candidacy. Biden had picked Raskin to be the Fed’s vice chair for supervision, setting her up to become one of the most powerful banking regulators anywhere. … Continue reading Sarah Bloom Raskin Withdraws Nomination to Federal Reserve Board