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Oil Groups Oppose Raskin For Fed Role

FED
  • Bloomberg reports that oil groups have circulated letters opposing Sarah Bloom Raskin's Fed nomination as Vice Chair for Supervision.
  • Raskin is aiming to sharpen the focus on climate risks if confirmed for the role.
  • Raskin's hearing in front of the Senate Banking Committee , combined with the two other Board nominees, is planned for early Feb according to SBC Chairman Sherrod Brown.

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