Raskin Tells Senate It Is Not Fed’s Job to Prescribe Bank Lending

1 year ago
Sarah Bloom Raskin, in her former role as deputy Treasury secretary, participates in a meeting of the President's Advisory Council on Financial Capability for Young Americans, in Washington, on Oct. 2, 2014. (Yuri Gripas/Reuters) WASHINGTON—Sarah Bloom Raskin, President Joe Biden’s pick to lead the Federal Reserve’s regulatory work, plans to tell lawmakers she does not believe the role includes telling banks wher...
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