The nomination of Sarah Bloom Raskin to the Federal Reserve Board has come to an end as Democrat Joe Manchin has released a statement saying he will not vote for Raskin…
“I have carefully reviewed Sarah Bloom Raskin’s qualifications and previous public statements. Her previous public statements have failed to satisfactorily address my concerns about the critical importance of financing an all-of-the-above energy policy to meet our nation’s critical energy needs…I have come to the conclusion that I am unable to support her nomination to serve as a member of the Federal Reserve Board”
Conor Sen probably explained the Manchin decision the best…
Don’t write op-ed’s tying climate change to monetary policy if you want to be confirmed in a 50-50 Senate when Manchin’s the swing vote.
— Conor Sen (@conorsen) March 14, 2022