Today news
About the same in other media
Sarah Bloom Raskin Withdraws as Biden’s Pick for Top Fed Banking Regulator
Reading now: 460
WASHINGTON—Sarah Bloom Raskin, President Biden’s nominee to become the government’s most powerful banking regulator, withdrew from consideration on Tuesday, the White House said, amid opposition to her nomination from Republicans and a key Democrat.
The withdrawal is a major blow for the Biden administration, which has struggled to advance its financial nominees through the evenly divided Senate. It came a day after Sen. Joe Manchin of West Virginia, a key Democratic vote in the evenly divided chamber, said Monday that he couldn’t support Ms. Raskin’s nomination, citing her views on addressing climate change.
Read more on wsj.comAbout this in other media
Fee haul slips by 41% for Wall Street banks as Ukraine war hits deals: ‘Clients are holding their breath’ fnlondon.com /2 years ago
Biden’s Budget Calls for Increase in Defense Spending, Including Funds for Ukraine wsj.com /2 years ago
US scrambles to clarify Biden's Russia 'regime change' message euronews.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
