Biden picks Sarah Bloom Raskin for top Fed regulator role, Cook and Jefferson for governors

The Biden administration will announce three nominees for top jobs at the nation’s central bank, naming Sarah Bloom Raskin, Lisa Cook, and Philip Jefferson to fill spots on the Federal Reserve’s Board of Governors, according to a source familiar with the matter.

The official announcement could be made as soon as Friday.

Raskin has specifically been tapped to steer the Fed’s policies on bank regulations as Fed vice chair of supervision, according to a person familiar with the matter. The…


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