{"id":1439722,"date":"2022-04-15T08:14:42","date_gmt":"2022-04-15T12:14:42","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1439722"},"modified":"2022-04-15T08:14:51","modified_gmt":"2022-04-15T12:14:51","slug":"biden-announces-new-fed-nominee-pick-after-raskin-withdrawal","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-announces-new-fed-nominee-pick-after-raskin-withdrawal\/","title":{"rendered":"Biden Announces New Fed Nominee Pick After Raskin Withdrawal"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/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%2Fbiden-announces-new-fed-nominee-pick-after-raskin-withdrawal%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=1439722&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-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Here are your FOX Business Flash top headlines for April 15.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/category\/joe-biden\" target=\"_blank\" rel=\"noopener\">President Biden<\/a> will nominate Michael Barr to be vice chair for supervision of the <a href=\"https:\/\/www.foxbusiness.com\/category\/the-fed\" target=\"_blank\" rel=\"noopener\">Federal Reserve<\/a> after the failed nomination of Sarah Bloom Raskin.<\/p>\n<p>Barr is a former Obama and Clinton administration official and is currently at the University of Michigan.<\/p>\n<p>&#8220;Michael brings the expertise and experience necessary for this important position at a critical time for our economy and families across the country,&#8221; Biden said in a statement.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/federal-reserve-march-interest-rate-hike\" target=\"_blank\" rel=\"noopener\"><strong><u>FED EXPECTED TO HIKE RATES THIS WEEK, DESPITE UKRAINE VOLATILITY<\/u><\/strong><\/a><\/p>\n<p>&#8220;Barr has spent his career protecting consumers, and during his time at Treasury, played a critical role in creating both the Consumer Financial Protection Bureau and the position for which I am nominating him.&#8221;<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/04\/931\/523\/Joe-Biden-Federal-Reserve-Nominee.jpg?ve=1&#038;tl=1\" alt=\"President Biden speaks at North Carolina Agricultural and Technical State University, in Greensboro, N.C., Thursday, April 14, 2022. (AP Photo\/Carolyn Kaster)\" \/><\/div>\n<div class=\"caption\">\n<p><span>President Biden speaks at North Carolina Agricultural and Technical State University, in Greensboro, Thursday, April 14, 2022.<\/span><span> (AP Photo\/Carolyn Kaster \/ AP Newsroom)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Raskin, <a href=\"https:\/\/www.foxbusiness.com\/category\/joe-biden\" target=\"_blank\" rel=\"noopener\"><u>Biden<\/u><\/a>&#8216;s previous pick for the <a href=\"https:\/\/www.foxbusiness.com\/category\/the-fed\" target=\"_blank\" rel=\"noopener\"><u>Federal Reserve<\/u><\/a>&#8216;s top banking regulator, withdrew her nomination last month, according to a source familiar with the matter, after Republicans and one key Democrat opposed her nomination.<\/p>\n<p><a href=\"http:\/\/foxbusiness.com\/\" target=\"_blank\" rel=\"noopener\"><strong>CLICK HERE TO READ MORE ON FOX BUSINESS<\/strong><\/a><\/p>\n<p>In a letter to Biden obtained by the New Yorker, Raskin blamed &#8220;relentless attacks by special interests,&#8221; who opposed her view that climate change could pose a threat to economic stability, for derailing her nomination.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are your FOX Business Flash top headlines for April 15. President Biden will nominate Michael Barr to be vice chair for supervision of the Federal Reserve<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1439722","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\/1439722","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\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1439722"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1439722\/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=1439722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1439722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1439722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}