Sarah Bloom Raskin
| Sarah Bloom Raskin | |
|---|---|
 |
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| United States Deputy Secretary of the Treasury | |
| Assumed office March 19, 2014[1] |
|
| President | Barack Obama |
| Preceded by | Mary J. Miller (acting) |
| Board of Governors of the Federal Reserve System | |
| In office October 4, 2010 – March 13, 2014 |
|
| Nominated by | Barack Obama |
| Maryland Commissioner of Financial Regulation | |
| In office 2007 – October 4, 2010 |
|
| Personal details | |
| Born | Sarah Bloom April 15, 1961 Medford, Massachusetts |
| Nationality | American |
| Spouse(s) | Jamie Raskin |
| Parents | Arlene Perlis Bloom Herbert Bloom |
| Residence | Takoma Park, Maryland[2] |
| Alma mater | Amherst College (B.A.) Harvard Law School(J.D.) |
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 current United States Deputy Secretary of the Treasury. Previously, she served as Maryland Commissioner of Financial Regulation.
Early life and education
Raskin was born Sarah Bloom in Medford, Massachusetts, the daughter of Arlene (née Perlis) and Herbert Bloom.[3] 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 alumnae of Homewood-Flossmoor Community High School in Flossmoor, Ill.[4]
Career
Raskin worked as an associate at Arnold & Porter and as counsel for the U.S. Senate Banking Committee.[5] Prior to serving as Commissioner, she was a Managing Director at the Promontory Financial Group. Raskin also served as chief financial regulator for Maryland.[6]
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.[4] Raskin and Yellen were unanimously confirmed as Federal Reserve Board governors by the United States Senate on September 30, 2010.[7] On October 4, 2010, both were sworn in by Fed Chairman Ben Bernanke.[8] As a member of the Federal Reserve Board, Raskin gained a reputation as someone focused on consumer protection and income inequality.[6]
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.[9] She was confirmed to the position on March 12, 2014 by a voice vote.[10] Upon confirmation, Raskin became the highest-ranked woman in the history of the Treasury Department.[6] Raskin was sworn in on March 19, 2014.[1] 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.[11]
Personal life
Raskin is married to Jamie Raskin, a law professor, Democratic Maryland state senator, and son of progressive activist Marcus Raskin.[6] They have three teenage children.
References
- ↑ 1.0 1.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ [1]
- ↑ 4.0 4.1 Lua error in package.lua at line 80: module 'strict' not found..
- ↑ http://www.nytimes.com/2010/03/13/business/economy/13fed.html
- ↑ 6.0 6.1 6.2 6.3 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Business news in brief Two confirmed to Fed board; BP updates safety practices; earnings reports KansasCity.com, September 29, 2010 (October 9, 2010)
- ↑ Fed Press Release federalreserve.gov, October 4, 2010 (October 9, 2010)
- ↑ Ylan Q. Mui, Wash. Post, Fed’s Raskin is chosen for deputy Treasury secretary, July 31, 2013.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
External links
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| Preceded by | United States Deputy Secretary of the Treasury March 19, 2014 – |
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