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Biden Considers Appointing Raskin as Fed Vice Chair
The Street ^ | 12/28/2021 | Dan Weil

Posted on 12/28/2021 11:55:09 AM PST by DFG

President Joe Biden is thinking of naming Sarah Bloom Raskin as vice chair of the Federal Reserve in charge of banking supervision.

That news comes from The Wall Street Journal, which cited knowledgeable sources. Raskin, currently a professor at Duke University law school, was previously deputy Treasury Secretary in the Obama administration and before that was a Fed governor.

For two other open Fed seats, Biden is looking at Lisa Cook, a professor of economics at Michigan State University; and Philip Jefferson, an economist at Davidson College, the WSJ reports.

Cook and Jefferson would both bring diversity to the Fed, as both are Black. The central bank has had just three Black board members in its 108-year history, all whom were male.

(Excerpt) Read more at thestreet.com ...


TOPICS: Politics/Elections
KEYWORDS: cook; federalreserve; jefferson; raskin

1 posted on 12/28/2021 11:55:09 AM PST by DFG
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To: DFG

Affirmative racism is as bad as regular racism. Maybe worse.


2 posted on 12/28/2021 11:57:44 AM PST by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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To: DFG

“President Joe Biden’s puppet masters are thinking of naming...”


3 posted on 12/28/2021 12:03:10 PM PST by dynachrome ("I will not be reconstructed, and I do not give a damn.")
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To: dynachrome

nd the plan to curb inflation?


4 posted on 12/28/2021 12:05:07 PM PST by genghis (Cathinkngact only reason go after puthan 50 inbbiedComlpln)
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To: genghis

There’s a plan?


5 posted on 12/28/2021 12:07:28 PM PST by dynachrome ("I will not be reconstructed, and I do not give a damn.")
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To: DFG

Since when does counting the nation’s money need this d-i-v-e-r-s-(h)-i-t-y garbage?

Since it seems that this present s(h)itting president is awash in ineptitude, thanks to previous Obama-ites being placed in present positions, why not muck up the Fed with more Obama-ites? What could possibly go wrong?


6 posted on 12/28/2021 12:08:28 PM PST by Terry L Smith
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To: DFG

Sarah Bloom Raskin
https://en.wikipedia.org/wiki/Sarah_Bloom_Raskin

Lisa D. Cook
https://en.wikipedia.org/wiki/Lisa_D._Cook

Philip Jefferson
https://en.wikipedia.org/wiki/Philip_Jefferson


7 posted on 12/28/2021 12:08:55 PM PST by PIF (They came for me and mine ... now its your turn)
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To: dynachrome

There’s always a plan. Never a good one for America, tho.


8 posted on 12/28/2021 12:10:22 PM PST by TribalPrincess2U
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To: DFG

“Biden Considers Appointing Raskin as Fed Vice Chair”

Knowing Biden, he probably thinks the guy is an Indian.


9 posted on 12/28/2021 12:15:04 PM PST by BobL (I shop at Walmart and eat at McDonald's, I just don't tell anyone, like most here.)
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To: BobL

This is a woman, the wife of Congress critter Jamie Raskin. Keep their supporters close in the tent.


10 posted on 12/28/2021 12:24:18 PM PST by taxpayerfatigue (Taxpayer Fatigue)
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To: BobL

This is a woman, the wife of Congress critter Jamie Raskin. Keep their supporters close in the tent.


11 posted on 12/28/2021 12:24:24 PM PST by taxpayerfatigue (Taxpayer Fatigue)
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To: taxpayerfatigue

It’s a Big Club, and you ain’t in it.


12 posted on 12/28/2021 12:25:59 PM PST by dfwgator (Endut! Hoch Hech!)
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To: BobL

She meets the main criteria. She’s in.


13 posted on 12/28/2021 12:40:34 PM PST by CletusVanDamme (Well I'm all broken up about that man's rights...)
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To: DFG

Communists in control of the Fed...
What could possibly go wrong?

How did that song about “funny money” go?


14 posted on 12/28/2021 1:07:10 PM PST by SuperLuminal (Where is another Sam Adams now that we desperately need him?)
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To: dynachrome

My point exactly.

Joe Biden is parroting what he is told. Independent thought, what little he ever had, is not a factor.


15 posted on 12/28/2021 3:58:34 PM PST by ChildOfThe60s (If you can remember the 60s.....you weren't really there..)
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