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Sarah Bloom Raskin withdraws her candidacy for Federal Reserve board

Summary by Ground News

West Virginia Sen. Joe Manchin announced Monday that he opposed Raskin's confirmation. All Republicans in the evenly-split 50-50 Senate had indicated they planned to block her for the position of the Fed's top banking regulator. Republicans have argued that she would discourage banks from lending to oil and gas companies. Democrats, as well as many banking executives, countered that her views aren't out of the mainstream.

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Pittsburgh Post-Gazette

Embattled Federal Reserve pick Sarah Bloom Raskin withdraws nomination

All Republicans in the evenly split 50-50 Senate, plus West Virginia Democrat Joe Manchin, had indicated they planned to block her for the position of the Fed’s top banking regulator.

3 years ago·Pittsburgh, United States

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Wonkette

Joe Manchin Joe Manchins Federal Reserve Nominee Sarah Bloom Raskin

Senate Majority Leader Emperor God King Joe Manchin informed actual President Joe Biden Monday that he wouldn’t support the president’s nominee to become vice chairman of supervision at the Federal Reserve. This ended any chance the Senate would confirm Sarah Bloom Raskin, who withdrew her nomination Tuesday. Biden released a blistering statement: "Despite her readiness — and despite having been confirmed by the Senate with broad, bipartisan sup…

3 years ago·United States

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Pittsburgh Tribune-Review

Embattled Federal Reserve pick Sarah Bloom Raskin withdraws nomination

WASHINGTON — Sarah Bloom Raskin withdrew her nomination Tuesday to a position on the Federal Reserve’s Board of Governors after a key Democrat had joined with all Senate Republicans to oppose her confirmation. West Virginia Sen. Joe Manchin announced Monday that he opposed Raskin’s confirmation, and all Republicans in the

3 years ago·Pittsburgh, United States

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PBS NewsHour

Federal Reserve pick Sarah Bloom Raskin withdraws nomination amid opposition

Republicans argued that Raskin would use the Fed's regulatory authority to discourage banks from lending to oil and gas companies.

3 years ago·Washington, United States

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The Post Millennial

Biden's Federal Reserve pick withdraws nomination, blames 'relentless attacks by special interests'

Biden claimed Raskin was "subject to baseless attacks from industry and conservative interest groups."

3 years ago·Toronto, Canada

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The Gateway Pundit

BREAKING: Crazy Radical Sarah Bloom Raskin Withdraws Her Nomination to Top Federal Post

Sarah Bloom Raskin withdrew her name as Biden’s pick for a top banking regulator on Tuesday. This was after Joe Manchin announced he would not support her for the position.Sarah Bloom Raskin is the wife of Democrat Jamie Raskin. Sarah Bloom Raskin, Biden’s pick for a top Fed post, withdraws her nomination a day after Sen. Joe Manchin said he couldn’t support her https://t.co/SfaNqcAta1— khiikiat (@khiikiat) March 15, 2022 Raskin was one of the…

3 years ago·United States

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