- Dec 3, 2017
- Reaction score
- Political Leaning
Sarah Bloom Raskin withdrew her nomination to serve on the seven-member Federal Reserve Board on Tuesday, citing “relentless attacks by special interests.”
Sarah Bloom Raskin withdrew her name from consideration for the seven-member Federal Reserve board on Tuesday, citing “relentless attacks by special interests.”
Raskin’s decision to withdraw her candidacy comes one day after moderate Sen. Joe Manchin (D-WV) said he opposed the nomination, effectively killing Raskin’s chances at confirmation.
Raskin, the wife of Rep. Jamie Raskin (D-Md.), informed President Biden of her decision in a letter, blaming Republicans who she said had “held hostage” her nomination and those of four others to the Fed board.
This was a climate bill. Manchin owns a coal mine that makes him rich. A little conflict?