Raskin pulls nomination to Fed Board as GOP, Manchin oppose

Published March 15, 2022 2:30 PM

By ZEKE MILLER
Associated Press

WASHINGTON (AP) — Sarah Bloom Raskin has withdrawn her nomination to the Federal Reserve’s Board of Governors, That’s according to a person familiar with the matter who requested anonymity before an official announcement. West Virginia Sen. Joe Manchin announced Monday that he opposed Raskin’s confirmation, and all Republicans in the evenly-split 50-50 Senate had indicated they planned to block her for the position of the Fed’s top banking regulator.

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