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White House defends Raskin as Fed nominee -Breaking

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© Reuters. FILE PHOTO – Sarah Bloom Raskin, who was nominated for vice chair of supervision and is a member of Federal Reserve’s Board of Governors, addresses a Senate Banking, Housing and Urban Affairs Committee confirmation panel on Capitol Hill, Washington, D.

WASHINGTON, (Reuters) – Jen Psaki, White House Press Secretary, defended Sarah Bloom Raskin’s nomination for Federal Reserve Board Chairman Monday amid concerns from conservatives about her suitability.

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