![]() It’s a symbol of the larger issue of really bad signals being sent, whether it's in regulation, taxation, flirting with Maduro in Venezuela or the Ayatollah in Iran to fill the voids. ![]() The nomination of various members of the Federal Reserve for example. Squawk Box (March 14): “ are capital-starved largely based on signals being sent by the Biden Administration on a regular basis.That's a serious question that has yet to be answered properly.” Manchin’s criticism comes on the heels of his opposition to Sarah Bloom Raskin, President Joe Biden’s one-time pick to lead the Federal Reserve’s Wall Street oversight. Department of Treasury from 2014 to 2017, she faced criticism from key senators, including U.S. This revolving door issue where the Kansas City Federal Reserve changed the decision on offering a master account to her fintech company that she joined after being a Fed Governor and a Treasury official. Despite her previous appointment as deputy secretary of the U.S. Bloom Raskin, not the least of which is the strong view she has about allocating capital away from legal commerce, mainly in the fossil energy area.” The announcement casts serious doubt on the chances of Senate confirmation for Raskin, who was a Fed governor from 2010 to 2014 and deputy Treasury secretary from 2014 to 2017. 8): “First of all, there are plenty of reasons to vote against Mrs. Joe Manchin III will not support one of President Joe Biden’s picks to sit on the Federal Reserve Board, Sarah Bloom Raskin of Maryland, Manchin said Monday. 3): “I have great concern about your position and the increased power you want to give to the Federal Reserve as it relates to allocating capital away from legal commerce.” Bloom Raskin has been even more radical in terms of approach on climate and fossil fuels.” ![]() In fact, I still have some of the same concerns about Lael Brainard for Vice Chair. ![]() 27): “I have great concerns about Bloom Raskin. The GOP has already blocked Raskins nomination from moving out of committee. Joe Manchin Embattled Federal Reserve pick Raskin withdraws nomination. Sarah Bloom Raskin is the nominee to be vice chairman for supervision and a member of the Federal Reserve Board of Governors. Senator Cramer has been vocal in his concern about Sarah Bloom Raskin’s radical financial philosophy and the ethical cloud surrounding her conduct: Ma/ 6:32 PM Sarah Bloom Raskin withdraws name from consideration for Fed role By Danielle Haynes 1/2 Sarah Bloom Raskin withdrew her name from consideration to be vice. Manchin came out against Sarah Bloom Raskins nomination as the Feds vice chair of supervision. ![]()
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