President Biden's Embattled Federal Reserve Pick Withdraws Nomination

President Biden's Embattled Federal Reserve Pick Withdraws Nomination

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Interactive Video

Social Studies

University

Hard

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Sarah Bloom Raskin withdrew her candidacy for the Federal Reserve Board of Governors after facing opposition from Senator Joe Manchin and Republicans. Her stance on climate change, which some believed would discourage banks from lending to oil and gas companies, was a significant point of contention.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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