Joe Manchin and Susan Collins doom Biden’s pick for Federal Reserve
Reps. Joe Manchin and Susan Collins indicated on Monday that they will not be supporting Sarah Bloom Raskin’s already stalled nomination to the Federal Reserve, all but guaranteeing she won’t be confirmed. At least one Republican would now have to support Raskin, whom President Joe Biden nominated to serve as the Fed’s Board of Governors’ vice chair for supervision.
In a statement, Manchin, a moderate Democrat, said he had “carefully reviewed” Raskin’s past statements and qualifications and concluded: “Her previous public statements have failed to satisfactorily address my concerns about the critical importance of financing an all-of-the-above energy policy to meet our nation’s critical energy needs.” Collins then told reporters “there is not a path forward.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sen. Manchin says he can't support Biden's Fed nominee Sarah Bloom RaskinJoe Manchin says he can't support Biden's Fed nominee Sarah Bloom Raskin, throwing her confirmation into doubt.
Read more »
Sen. Joe Manchin Signals Opposition to Sarah Bloom Raskin for Fed PostDemocratic Sen. Joe Manchin, of West Virginia, said in a statement that he could not support the nomination of Sarah Bloom Raskin to become the Federal Reserve’s top banking regulator, dealing a major blow to her consideration in the evenly divided Senate
Read more »
Editorial: Joe Manchin killed Build Back Better. He just offered Biden a way to resurrect it.Manchin says he supports core aspects of the bill. Biden must start from there and try...
Read more »
Manchin opposes Biden Fed nominee RaskinSen. Joe Manchin will oppose Sarah Bloom Raskin’s nomination to the Federal Reserve Board, imperiling her already stalled bid to win confirmation
Read more »