Sarah Bloom Raskin, a Biden nominee for the Fed’s top banking position, has the co-founder of Reserve Trust defending her over charges that she’s had conflicts of interest between government and private jobs in the past, Bloomberg reported Friday (Feb. 11). Get the Full Story...
Sarah Bloom Raskin, President Biden’s pick for Federal Reserve bank supervisor, is in hot water over her revolving door roles between the government and private sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It was a tough day for Sarah Bloom Raskin, who has been president’s pick to hold a key post at the Federal Reserve Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Jelena McWilliams, a Trump-era appointee banking regulator, has resigned as of Friday (Dec. 31), per a Financial Times report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
The Biden administration is considering former Fed governor Sarah Bloom Raskin for a top position at the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
U.S. President Joe Biden signed an executive order on Monday (Dec. 13), making it so 17 government agencies will now have to make it easier for people to apply for government-provided services, a press release from The White House notes. Get the Full Story Complete...
Sanctions against Russia by the U.S. are being weighed to deter Russian President Vladimir Putin from launching an invasion into Ukraine, including severing the country from the SWIFT international payment system used by banks worldwide, CNN reported on Monday (Dec. 6), citing sources. Get the...
LendingClub is backing the Small Business Lending Disclosure Act, a bill introduced in the U.S. House and Senate this week that calls for extending the transparency standards of the federal Truth in Lending Act to small business financing. Get the Full Story Complete the form...
The rocky road to confirm President Joe Biden’s pick to head the Office of the Comptroller of the Currency (OCC) hit potholes during the Senate confirmation hearing as Saule Omarova’s childhood in the former Soviet Union — now Kazakhstan — and her undergraduate work were...