Biden to Tap Sarah Bloom Raskin for Fed’s Powerful Vice Chair for Supervision: Report

Biden to Tap Sarah Bloom Raskin for Fed's Powerful Vice Chair for Supervision: Report

U.S. President Joe Biden will nominate Sarah Bloom Raskin as the U.S. Federal Reserve’s vice chairman for supervision, CNBC reported on Thursday, citing people familiar with the matter. The president will also tap Lisa Cook and Philip Jefferson as Fed governors, according the report.

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