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Biden to Tap Sarah Bloom Raskin for Fed's Powerful Vice Chair for Supervision: Report

Biden to Tap Sarah Bloom Raskin for Fed’s Powerful Vice Chair for Supervision: Report

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U.S. President Joe Biden will nominate Sarah Bloom Raskin because the U.S. Federal Reserve’s vice chairman for supervision, CNBC reported on Thursday, citing individuals conversant in the matter. The president can even faucet Lisa Cook and Philip Jefferson as Fed governors, in accordance the report.

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