Bloomberg - Senator Toomey Warns on Possible Raskin Pick as Top Fed Regulator

Financial policy director Alexis Goldstein advocates for Sarah Bloom Raskin’s nomination as chair of supervision at the Federal Reserve.

Alexis Goldstein, director of financial policy at the Open Markets Institute, took issue with Toomey’s conclusion. Raskin, she said, “criticized the Fed’s bending of the rules shortly thereafter, pointing out that they loosened the rules following political pressure to help deeply indebted fossil fuel firms who were in financial trouble well before the pandemic.”

Read the full article on Bloomberg here.