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The Latest Breaking News from Sarah Bloom Raskin

House Oversight Committee holds ESG hearing

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

What Kyrsten Sinema’s party change means for Pa.'s John Fetterman and Senate Democrats

PHILADELPHIA — Well, that didn’t last long.

The Philadelphia Inquirer

Senate panel backs Michael Barr, Biden pick as Fed regulator

The nomination of Michael Barr, President Joe Biden’s choice to be the top regulator on the Federal Reserve’s Board of Governors, was approved by a congressional committee and sent on the full Senate

The Independent UK

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Fed nominee Michael Barr calls inflation 'far too high'

President Joe Biden’s pick to be the Federal Reserve’s top banking regulator pledged Thursday to help reduce high inflation and provide clear rules to govern financial innovation

The Independent UK

Senate confirms Powell to second term as Fed chairman

Jerome Powell sailed through the Senate on Thursday with strong bipartisan support for a second term as chairman of the Federal Reserve Board.

Tribune News Service

Senate confirms Powell to second term as Fed chairman - Roll Call

The Senate on Thursday confirmed Jerome Powell for a 2nd term as chairman of the Federal Reserve, the third Fed nominee confirmed this week.

Roll Call

Senate confirms Black economist to Federal Reserve Board

The Senate has confirmed economist Phillip Jefferson to the Federal Reserve’s Board of Governors

The Independent UK

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Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board

WASHINGTON — The Senate voted Tuesday to confirm Lisa Cook as the first Black woman to join the Federal Reserve Board.

Tribune News Service

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board - Roll Call

The Senate voted Tuesday to confirm Lisa Cook for the Federal Reserve Board. She will be the first Black woman on the board.

Roll Call

Senate confirms Brainard as Fed vice chair but COVID-19 trips Democrats on Cook vote

The Senate voted 52-43 Tuesday to confirm Lael Brainard, a member of the Federal Reserve board, to become vice chair, but fell short of the votes needed to move forward with Lisa Cook’s nomination to join the board.

Tribune News Service

Senate confirms Brainard as Fed vice chair but COVID-19 trips Democrats on Cook vote - Roll Call

Lisa Cook, who would become the first Black woman to join the Fed board, encountered another obstacle in COVID-19 cases among Democrats.

Roll Call

Jamie Raskin on the climate crisis: ‘We’ve got to save democracy in order to save our species’

Progressive congressman from Maryland believes America can’t fix the planet without fixing its government first

The Guardian - US

Biden picks Michael Barr for Fed's bank regulation post

President Joe Biden says he plans to nominate Michael Barr to be the Federal Reserve’s vice chairman of supervision

The Independent UK

Biden to nominate former Treasury official as top Fed bank regulator - Roll Call

President Biden will nominate Michael Barr, a former Treasury official, to be the top bank regulator at the Federal Reserve.

Roll Call

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Ballotpedia

Economy and Society: SEC disclosure rule continues to attract attention

The Independent UK

Senate advances controversial Fed nominee on party-line vote

The Senate on Tuesday agreed to consider the nomination of Lisa Cook for a position on the Federal Reserve’s Board of Governors on a 50-49 party-line vote

Benzinga

Analysis: Has The Failed Fed Nomination Of Sarah Bloom Raskin Made 'Climate Change' A Political Dirty Word?

Sarah Bloom Raskin’s decision to withdraw from being President Joe Biden’s nominee as the Federal Reserve’s vice chairperson of banking supervision has been attributed to her advocacy of using the central bank’s regulatory powers to enforce climate risks within financial institutions.

Los Angeles Times

Michael Hiltzik: Fossil fuel barons killed Biden's Fed pick because she talked sense on climate change

If you're curious about what the bare-knuckled exercise of political power by special interests looks like, go no further than the torpedoing of Sarah Bloom Raskin's nomination to a high post at the Federal Reserve.

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The Independent UK

Powell and 3 other nominees to Fed posts clear Senate panel

The Senate Banking Committee has approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve

Roll Call

Senate Banking advances Powell, two other Fed nominees after Raskin withdrawal - Roll Call

Senate Banking Republicans provided the quorum the panel needed Wednesday to vote on Fed Chair Jerome Powell and other nominees.

Tribune News Service

Wall Street gets reprieve from fed crackdown as Raskin bows out

Wall Street is getting a major reprieve from tougher oversight after President Joe Biden’s pick to be the top U.S. banking regulator ran aground.

Tribune News Service

Raskin asks Biden to withdraw her nomination for Fed vice chairman

Sarah Bloom Raskin on Tuesday withdrew from consideration to be Federal Reserve vice chair for supervision, according to the White House.

The Independent UK

Raskin pulls nomination to Fed Board over opposition to her concerns about climate crisis

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

The Independent UK

Raskin pulls nomination to Fed Board as GOP, Manchin oppose

Axios

Sarah Bloom Raskin withdraws Federal Reserve nomination

Raskin's nomination was effectively set to fail after Sen. Joe Manchin (D-W.Va) announced his opposition on Monday.

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