Sarah Bloom Raskin, President Biden's nominee to be the Fed's vice chair for supervision, speaks during her confirmation hearing with the Senate Banking Committee on Feb. 3 in Washington, D.C. Senate Banking Republicans delayed a key vote on her nomination, along with a group of four other nominees to the Fed. Bill Clark/Pool/Getty Images hide caption
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Former U.S. Deputy Treasury Secretary Sarah Bloom Raskin, shown here before the opening ceremony of the Asia-Pacific Economic Cooperation finance ministers meeting in Beijing in 2014 is one of the three nominees President Joe Biden announced for the Federal Reserve's Board of Governors on Friday. Andy Wong/AP file photo hide caption