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McConnell calls on White House to replace Fed nominee Bloom Raskin -Breaking

by Mike Robinson

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© Reuters. Sarah Bloom Raskin, who was nominated for vice chairman of supervision and is a member of Federal Reserve Board of Governors, spoke during confirmation hearings on Capitol Hill, Washington, D.C., U.S. Fe

WASHINGTON (Reuters] – U.S. Senate Republican leaders Mitch McConnell and Sarah Bloom Raskin called upon the White House to name a replacement for Sarah Bloom Raskin to be the Federal Reserve’s top regulator.

“President Biden’s selection wildly – wildly – missed the mark. McConnell stated that it was time for the White House to admit its mistake and send someone suitable. He also noted that Bloom Raskin is now facing bipartisan opposition.

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