The Wall Street Journal: Biden considering Sarah Bloom Raskin to serve as top banking regulator at Fed

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President Biden is considering Sarah Bloom Raskin for a top role at the Federal Reserve as part of a slate of three nominees for central bank board seats, according to people familiar with the matter.

The administration is eyeing Raskin, a former Fed governor and former Treasury Department official, to become the central bank’s vice chairwoman of supervision, the government’s most influential overseer of the American banking system, the people said.