Biden’s Fed Nominee Faces Growing Opposition Over Climate Views

Biden’s Fed Nominee Faces Growing Opposition Over Climate Views
Sarah Bloom Raskin, nominee to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, speaks during the Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington on Feb. 3, 2022. Bill Clark-Pool/Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

Sarah Bloom Raskin, the White House’s nominee to be vice chair for supervision at the Federal Reserve, is facing increasing opposition because of her past public statements on climate change.

Raskin’s confirmation path is expected to be contentious this month, as Republicans and business groups have raised concerns about her past statements that advocated for using financial regulations to defund the fossil fuel industry.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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