Rodgin Cohen: Raskin 'Pragmatic' on Bank Regulation

The transcript discusses Dr. Raskin's qualifications for the role of vice chairman for supervision, highlighting her extensive experience in financial regulation. It emphasizes her potential to right-size regulation for community banks and her focus on crypto asset regulation. The discussion also covers the potential impact of her confirmation on the Federal Reserve's regulatory approach, comparing her pragmatic style to that of her predecessor, Randy Quarles.

What roles has Doctor Raskin held that make her a strong candidate for vice chairman for supervision?

• State Commissioner of Financial Regulation and Deputy Secretary of the Treasury

• Governor of Maryland and CEO of a major bank

• Head of the Federal Reserve and a financial analyst

• Mayor of a major city and a university dean

What is one of Doctor Raskin's key focuses in banking regulation?

• Promoting international banking

• Eliminating all banking regulations

• Right-sizing regulation for community banks

• Reducing taxes for large banks

Which area of financial regulation did Doctor Raskin prioritize during her time at the Treasury?

• Real estate investments

• Stock market regulations

• Crypto assets

• Insurance policies

How does Doctor Raskin's approach to regulation compare to Randy Quarles'?

• She is more focused on reducing regulations

• She is a pragmatist like Quarles, with limited swings in regulation

• She is more of an ideologue

• She plans to eliminate all existing regulations

What perception did some Democrats have about Randy Quarles' regulatory approach?

• He ignored community banks

• He was too focused on international banks

• He took too much regulation away

• He increased regulations too much