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...But Senate opposition to Raskin “is likely to focus on this topic” too, he said....
...A recent salvo came from former US Treasury secretary Larry Summers....
...Biden’s previous nominee, Sarah Bloom Raskin, withdrew from the process after Democratic senator Joe Manchin said he would join Republicans and oppose her nomination. 2....
.... — Billy Nauman Heating up: Fink warns fast climate action could boost inflation Larry Fink, BlackRock’s chief executive, has been vocal in pushing companies to agree to a net-zero carbon target by 2050...
...Among the top contenders to lead economic agencies under Mr Biden are Sarah Bloom Raskin, the former deputy Treasury secretary, and Lael Brainard, a Fed governor....
...Between 2010 and 2013, she was the Treasury department’s top official on international affairs, which was a stepping stone to the secretary job for both Tim Geithner and Larry Summers....
...If the Fed were to cut rates, it “would be an insurance policy to keep ahead of the significant dislocation from the trade wars”, says Sarah Bloom Raskin, a former Fed governor and deputy treasury secretary...
...She is facing stiff competition from Larry Summers, the former treasury secretary – and gender, as well as the qualifications, temperament and political support for each, are all factors in the race....
...Janet Yellen, the Fed vice-chair, and Larry Summers, the former Treasury secretary, are seen as leading contenders for the job, though the White House has indicated a decision will not be made until the...
...Elizabeth Duke, Fed governor, has already left and Sarah Bloom Raskin is moving to the Treasury....
...Other candidates touted to replace Mr Kohn included Obama advisers Christina Romer, Austan Goolsbee and Larry Summers....
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