{"id":1382784,"date":"2022-03-15T19:37:18","date_gmt":"2022-03-15T23:37:18","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1382784"},"modified":"2022-03-15T19:37:27","modified_gmt":"2022-03-15T23:37:27","slug":"joe-biden-bails-on-sarah-bloom-raskin-nomination-to-federal-reserve","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-bails-on-sarah-bloom-raskin-nomination-to-federal-reserve\/","title":{"rendered":"Joe Biden Bails on Sarah Bloom Raskin Nomination to Federal Reserve"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjoe-biden-bails-on-sarah-bloom-raskin-nomination-to-federal-reserve%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1382784&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p class=\"subheading\">President Joe Biden announced Tuesday he would withdraw his nomination of Sarah Bloom Raskin to serve on the Federal Reserve Board of governors after it was clear she would not win confirmation from the Senate.<\/p>\n<p>\u201cSarah was subject to baseless attacks from industry and conservative interest groups,\u201d Biden complained in his statement, blaming Republicans for \u201camplifying these false claims\u201d instead of moving forward to confirm his nominee.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>Biden made the announcement a day <a href=\"https:\/\/www.breitbart.com\/news\/fed-nominee-bloom-raskin-pledges-not-to-direct-loans\/\">after<\/a> Sen. Joe Manchin (D-WV) said he would not vote to confirm Raskin, expressing concerns about her comments about energy.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Raskin authored a New York Times<a href=\"https:\/\/www.nytimes.com\/2020\/05\/28\/opinion\/fed-fossil-fuels.html\"> op-ed<\/a> in 2020 describing the oil industry as dying, suggesting she would discourage banks from financing oil and gas companies.<\/p>\n<p>\u201cThe Federal Reserve Board is not an institution that should politicize its critical decisions,\u201d Manchin said on Monday, noting it is \u201cimperative the Federal Reserve Board preserves its independence and steers clear of any hint of partisanship.\u201d<\/p>\n<p>Raskin was <a href=\"https:\/\/www.breitbart.com\/politics\/2022\/03\/14\/joe-manchin-imperils-confirmation-of-bidens-fed-nominee-sarah-bloom-raskin\/\">also<\/a> seen as a partisan political choice, as she is the wife of Rep. Jamie Raskin (D-MD).\u00a0Rep. Raskin allegedly violated the STOCK Act by <a href=\"https:\/\/www.breitbart.com\/politics\/2022\/02\/03\/rep-jamie-raskin-violated-stock-act-not-disclosing-wifes-1-5m-stock-payout\/\">failing<\/a> to disclose his wife\u2019s $1.5 million stock payout.<\/p>\n<p>Officially, Raskin withdrew her candidacy after it was clear she did not have the votes to clear the Senate.<\/p>\n<p>Biden expressed regret that the Senate did not confirm her and wished her well.<\/p>\n<p>\u201cI am grateful for Sarah\u2019s service to our country and for her willingness to serve again, and I look forward to her future contributions to our country,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden announced Tuesday he would withdraw his nomination of Sarah Bloom Raskin to serve on the Federal Reserve Board of governors after it was clear she would not<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1382784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1382784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1382784"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1382784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1382784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1382784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1382784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}