Sarah Bloom Raskin withdraws nomination to Fed board

[iemanja]

Manchin strikes again.

Raskin’s path was all but doomed after Republicans on the Senate Banking Committee boycotted her confirmation vote and Sen. Joe Manchin said he opposed her.

Sarah Bloom Raskin, President Biden’s pick for the Fed’s top banking regulator, withdrew her nomination on Tuesday, according to a source familiar with the process, after Republicans and one key Democrat opposed her confirmation.

Raskin’s nomination to the job of vice chair for supervision first came under pressure when GOP lawmakers came out against her, pointing to her focus on climate change and its threat to financial stability. But her candidacy was put in jeopardy after Republicans on the Senate Banking Committee boycotted her confirmation vote, raising questions about her time on the board of a Colorado payments firm that got access to a Fed payments systems during her tenure on the company’s board.

On Monday, Sen. Joe Manchin III, a key Democratic vote, said he opposed Raskin because of her stance on energy in an era of inflation.

https://www.washingtonpost.com/us-policy/2022/03/15/sarah-bloom-raskin-fed-withdraw/

[Fiendish Thingy]

1. Fuck Joe Manchin. Nt

[Xoan]

2. +100

[FarPoint]

3. I would find pleasure....

if some folks threw rotten eggs and tomatoes in his direction....maybe a shoe too...

[rogue emissary]

11. Exactly!

[crickets]

16. 👆👆

[FM123]

4. What is his end game? To eventually join the GOP? What?

[onecaliberal]

6. He's a defacto puke.

[lagomorph777]

8. He's a fossil fool.

He doesn't want anybody making his filthy energy businesses obsolete.

Wouldn't it be cheaper just to buy out the fossil fuel companies, and get on with saving the planet?

[Botany]

5. Republicans and Sen. Joe Manchin opposed her pointing to her focus on climate change ....

... and its threat to financial stability. Manchin and the GOP has the fossil fuel industry's c**k in
their mouths.

"On Monday, Sen. Joe Manchin III, a key Democratic vote, said he opposed Raskin because of her
stance on energy in an era of inflation." This has nothing to do w/inflation but trying to stop the
much needed switch to clean and green energy in order to save the planet's ability to support
us and life as we know it. Now, the earth will still be orbiting the sun but things we used to take
for granted will change.

The science behind understanding climate change is not republican v democrat or liberal v conservative
it is what it is.

[onecaliberal]

9. Republicans are a threat to humanity.

[iemanja]

10. Does the fed even have anything to do with energy and climate change?

It's not like she was nominated for Sec of the Interior.

[Botany]

12. She was blocked because she believed in science, cause and effect, and strategic thinking.

You know you can't have that.

[Mad_Machine76]

14. +1

[BradAllison]

7. Congrats Joe Mansion

Your state fucking stinks, and barely has one literate person to whom this means anything, but you run the show I guess.

Congrats to his fans here. "No free shit".

[UTUSN]

13. The cockamamie rules for *ONE* congresscritter to take the national agenda hostage need to go!

[DFW]

15. At this point, Manchin must think he's more powerful than the Lost Ark

Rays emanate from his hands, and he can wreak destruction at a whim (and does).

What does he think he has left to prove? OK, we get that he can fuck things up. Is he ready at some point to show the country that he can do it some good as well, or that above and beyond the call?