Sarah Bloom Raskin, the Biden administration’s nominee for most powerful banking regulator seat, has withdrawn her nomination Tuesday (March 15) after months of turmoil and opposition from Republicans along with one key Democrat, The Wall Street Journal reported. The withdrawal will be a severe blow...
June 09, 2022
U.S. Sen. Pat Toomey wants answers on why the Federal Reserve Bank of Kansas City, he says, revoked a master account for the FinTech Reserve Trust, Reuters wrote Thursday (June 9). The master account gives Colorado-based Reserve Trust access to the Fed’s payments services, which Reuters said is a rare and sought-after privilege for a […]
March 15, 2022
Sarah Bloom Raskin, the Biden administration’s nominee for most powerful banking regulator seat, has withdrawn her nomination Tuesday (March 15) after months of turmoil and opposition from Republicans along with...
