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Sarah Bloom Raskin

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President
  
Name
  
Sarah Raskin

Nominated by
  
Role
  
Attorney

Full Name
  
Sarah Bloom

Spouse
  
Nationality
  
American


Sarah Bloom Raskin Sarah Bloom Raskin gets Obama39s nomination to become the

Preceded by
  
Born
  
April 15, 1961 (age 63) Medford, Massachusetts (
1961-04-15
)

Alma mater
  
Residence
  
Takoma Park, Maryland, United States

Parents
  
Herbert Bloom, Arlene Perlis Bloom

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Sarah Bloom Raskin (born April 15, 1961) is an American attorney and regulator, who was formerly a member of the Board of Governors of the Federal Reserve System and former United States Deputy Secretary of the Treasury. Previously, she served as Maryland Commissioner of Financial Regulation. She is currently a Rubenstein Fellow at Duke University.

Contents

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Early life and education

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Raskin was born Sarah Bloom in Medford, Massachusetts, the daughter of Arlene (née Perlis) and Herbert Bloom. She holds a J.D. degree from Harvard Law School and a B.A. in economics from Amherst College, where she wrote her undergraduate thesis on monetary policy. She is a 1979 alumna of Homewood-Flossmoor Community High School in Flossmoor, Ill.

Career

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Raskin worked as an associate at Arnold & Porter and as counsel for the U.S. Senate Banking Committee. Prior to serving as Commissioner, she was a Managing Director at the Promontory Financial Group. Raskin also served as chief financial regulator for Maryland.

President Obama nominated Raskin to the Federal Reserve Board along with fellow nominees Dr. Janet Yellen, president of the Federal Reserve Bank of San Francisco, and Massachusetts Institute of Technology economics professor Peter A. Diamond. Raskin and Yellen were unanimously confirmed as Federal Reserve Board governors by the United States Senate on September 30, 2010. On October 4, 2010, both were sworn in by Fed Chairman Ben Bernanke. As a member of the Federal Reserve Board, Raskin gained a reputation as someone focused on consumer protection and income inequality.

On July 31, 2013, President Barack Obama announced that he would nominate Raskin to the second-in-command position of Deputy Secretary at the United States Department of the Treasury. She was confirmed to the position on March 12, 2014 by a voice vote. Upon confirmation, Raskin became the highest-ranked woman in the history of the Treasury Department. Raskin was sworn in on March 19, 2014. Upon her confirmation as Deputy Secretary she resigned as a Member of the Board of Governors of the Federal Reserve System on March 13, 2014.

Personal life

Raskin is married to Jamie Raskin, a member of the U.S. House of Representatives from Maryland's 8th congressional district. They have three teenage children.

References

Sarah Bloom Raskin Wikipedia