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Reading: Biden Eyes Raskin as Top Fed Banking Regulator
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The Wall Street Publication > Blog > Business > Biden Eyes Raskin as Top Fed Banking Regulator
Business

Biden Eyes Raskin as Top Fed Banking Regulator

Last updated: December 28, 2021 8:24 pm
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Biden Eyes Raskin as Top Fed Banking Regulator
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President Biden is considering Sarah Bloom Raskin for a top role at the Federal Reserve as part of a slate of three nominees for central bank board seats, according to people familiar with the matter.

The administration is eyeing Ms. Raskin, a former Fed governor and onetime Treasury Department official, to become the central bank’s vice chairwoman of supervision, the government’s most influential overseer of the U.S. banking system, the people said.

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