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Sarah Bloom Raskin Faces Senate Questions Over Climate Views
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WASHINGTON—Sarah Bloom Raskin, President Biden’s pick to become the government’s most influential bank regulator, could face a contentious hearing on Thursday when she testifies before Senate lawmakers, a key hurdle for confirmation.
Ms. Raskin, who was formally nominated last month by the Biden administration to serve as the Federal Reserve’s vice chairwoman for supervision, will likely face questions on her calls for regulators to speed up the transition from fossil fuels and her support for tougher banking rules.
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