Fed

Nomination of Sarah Bloom Raskin for Fed seat in doubt after Manchin opposition

BY: - March 15, 2022

U.S. Sen. Joe Manchin III will not support one of President Joe Biden’s picks to sit on the Federal Reserve Board, Sarah Bloom Raskin of Maryland, Manchin said Monday. The announcement casts serious doubt on the chances of Senate confirmation for Raskin, who was a Fed governor from 2010 to 2014 and deputy Treasury secretary […]