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(Reuters) -Sarah Bloom Raskin on Tuesday withdrew as President Joe Biden's nominee to become the top bank regulator at the Federal Reserve, one day after a key Democratic senator and moderate ...
Sarah Bloom Raskin (born April 15, 1961) is an American attorney and financial markets policymaker who served as the 13th United States Deputy Secretary of the Treasury from 2014 to 2017. Raskin previously served as a member of the Federal Reserve Board of Governors from 2010 to 2014. She also was Maryland Commissioner of Financial Regulation.
Climate change activists were dealt a blow on Tuesday when Sarah Bloom Raskin withdrew from consideration by the Senate for an appointment as the Federal Reserve’s top Wall Street watchdog.
Sarah Bloom Raskin is withdrawing from contention to be vice chair for supervision at the Federal Reserve, a source familiar with the matter said on Tuesday.
Became the first cabinet member to announce her resignation, effective on January 11; [56] was criticized by US Senator Elizabeth Warren (D-MA) for resigning rather than voting to invoke the 25th Amendment to remove Trump from office. [57] Assistant Secretary of Health and Human Services for Mental Health and Substance Use: Elinore F. McCance-Katz
He became the Acting Secretary of the Treasury of the United States on January 20, 2017 after the resignation of Treasury Secretary Jack Lew and Deputy Treasury Secretary Sarah Bloom Raskin. After the confirmation of Steven Mnuchin as Secretary of the Treasury, Szubin left government service.
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Sarah Bloom Raskin: March 19, 2014 January 20, 2017 – Sigal Mandelker Acting: June 26, 2017 December 12, 2018 Steve Mnuchin: Donald Trump: 14 Justin Muzinich: December 12, 2018 January 20, 2021 15 Wally Adeyemo: March 26, 2021 Incumbent Janet Yellen: Joe Biden