Sarah Bloom Raskin withdraws from consideration for the Federal Reserve Board after it became clear she didn't have enough votes to be confirmed
Raskin submitted her withdrawal in a letter to President Joe Biden.The decision to withdraw comes after it became clear she would not have the votes to be confirmed by the US Senate.Sen.
Joe Manchin, a West Virginia Democrat, announced his opposition to the nomination on Monday, setting off a White House scramble to find Republican support in a 50-50 Senate.None materialized, rendering her nomination all but dead, even as White House officials continued to support the selection.Read MoreRaskin's withdrawal was first reported by the New Yorker.This is a breaking story and will be updated.
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