Sen. Joe Manchin will oppose Sarah Bloom Raskin’s nomination to the Federal Reserve Board, imperiling her already stalled bid to win confirmation.
Raskin’s nomination is stuck in the Senate Banking Committee amid a GOP boycott of a committee vote on her nomination, effectively blocking her confirmation from advancing to the Senate floor. Now even if her nomination is able to get out of committee, Raskin would need at least one Republican to support her to be confirmed.
Manchin (D-W.Va.) signaled his discomfort with Raskin last week, advising the Senate Banking Committee to move the rest of President Joe Biden’s Federal Reserve nominees without Raskin. In announcing his opposition on Monday, Manchin said Raskin has “failed to satisfactorily address my concerns about the critical importance of financing an all-of-the-above energy policy to meet our nation’s critical energy needs.”
