GOP Senators Dig In on Boycott of Raskin Fed Vote
- Banking panel standoff has entangled Biden’s other Fed picks
- Republicans demand more answers from Raskin on earlier role
Sarah Bloom Raskin
Photographer: Ken Cedeno/Reuters/Bloomberg
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Republicans on the Senate Banking Committee sent a letter to President Joe Biden Thursday standing firm in their boycott of Sarah Bloom Raskin’s nomination for Fed vice chair of supervision because of what they call a “lack of candor” in her answers to the committee.
“Without greater insight into Ms. Raskin’s past activities, we cannot, in good faith, support the advancement of her nomination process,” the Banking Committee Republicans wrote.