WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell called on the White House on Tuesday to replace Sarah Bloom Raskin with a different nominee to become the Federal Reserve’s top bank regulator position.
“President Biden’s selection wildly – wildly – missed the mark. It’s past time the White House admit their mistake and send us somebody suitable,” McConnell said in a floor speech, noting that Bloom Raskin now faces bipartisan opposition.
(Reporting by David Morgan and Katharine Jackson; Editing by Chizu Nomiyama)
