Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022.
Ken Cedeno | Reuters
Senate Republicans on Thursday peppered the nominee to be the Federal Reserve’s top banking watchdog with questions over whether she would steer the institution into climate change and other areas outside of its mandate.
President Joe Biden put up Sarah Bloom Raskin to the post of vice chair for banking supervision, arguably the most important regulator for the industry.
Though Raskin said that…