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Sen. Joe Manchin Signals Opposition to Sarah Bloom Raskin for Fed Post
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wsj.comWASHINGTON—Democratic Sen. Joe Manchin, of West Virginia, said in a statement Monday that he could not support the nomination of Sarah Bloom Raskin to become the Federal Reserve’s top banking regulator, dealing a major blow to her consideration in the evenly divided Senate.
Last month, Republican lawmakers united in opposition to Ms. Raskin refused to attend a crucial committee vote. That deprived Democrats of a quorum needed to advance her along with four other Fed nominees to the full Senate, including Chairman Jerome Powell.
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