Biden Fed pick faces GOP fire on climate stances

Biden Fed pick faces GOP fire on climate stances

This post was originally published on this sitePresident Biden’s pick to be the Federal Reserve regulatory chief said Thursday it was “inappropriate” for the central bank to steer business away from fossil fuel companies — despite previously calling on financial regulators to take stronger…

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GOP senator: $1.5 million private sector payout to Biden nominee ‘doesn’t smell right’

GOP senator: $1.5 million private sector payout to Biden nominee ‘doesn’t smell right’

This post was originally published on this siteSen. Cynthia Lummis (R-Wyo.) on Thursday challenged Sarah Bloom Raskin, President Biden’s nominee to serve as the Federal Reserve’s vice chair for supervision, over the role she played in helping Reserve Trust, a little-known fintech company, get…

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