sarah bloom raskin
Biden's picks include Sarah Bloom Raskin, for the top regulatory slot, and Lisa Cook, who would be the first Black woman to serve on the Fed’s board.
Warming-fueled disasters and risky fossil fuel bets pose huge threats to the financial system.
Wall Street Trying to Use Budget Bill to Put Its Special Interests Above the Priorities of the American People
Wall Street's army of high priced lobbyists are again working Washington day and night to use this year's spending bill for their gain at the expense of the American people. Wall Street views essential, must-pass, nationally important legislation as just an opportunity for them to sneak in their wish list of special provisions.
Treasury officials are said to be studying a proposal by researchers at Elon University and the University of Michigan, who
But as a result of the contract change praised by Raskin, Navient could receive an additional 15 percent in annual revenue
A top Treasury Department official on Tuesday challenged the Department of Education and its contractors over how they handle
Big Wall Street banks face an uneasy future after U.S. regulators on Tuesday finalized the Volcker Rule, a measure that attempts to curtail big bets on certain financial instruments.
In other ways, the final rule was relaxed from previous versions and earlier recommendations from FSOC were ignored. Maxant
But Raskin has built her reputation as a regulator willing to take on big banks, payday lenders, fake foreclosure-relief
President Barack Obama plans to name Federal Reserve Governor Sarah Bloom Raskin as deputy Treasury Secretary, making her the highest-ranking woman in the history of the Treasury department, according to two people familiar with the matter.
Senate Majority Leader Harry Reid (D-Nev.) countered that Democrats “have no reason to work out a compromise.” Despite increasing
On Tuesday, Raskin wondered aloud whether the “hollowing out” of the middle class represents “the new normal.” She questioned
A top Federal Reserve policymaker has raised the possibility that rising inequality may restrain economic growth for several years in a sign the central bank may be worried about the increasing gap between the rich and poor.
Congressional leaders and the Obama administration haven't been helping, Raskin said, noting that since 2011 lawmakers' obsession
The money supply will then expand rapidly if the Fed tries to maintain a near zero interest rate target. The Fed must then
The Fed governor also rejected an argument put forward by banking executives last year that the documentation problems uncovered
Diamond, while universally praised as an economist, isn't known for his research on monetary policy or financial institutions