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Sarah Bloom Raskin

Sarah Bloom Raskin
Sarah Bloom Raskin official portrait.jpg
United States Deputy Secretary of the Treasury
In office
March 19, 2014 – January 20, 2017
President Barack Obama
Preceded by Mary J. Miller (acting)
Succeeded by TBD
Governor of the Federal Reserve System
In office
October 4, 2010 (2010-10-04) – March 13, 2014 (2014-03-13)
Nominated by Barack Obama
Maryland Commissioner of Financial Regulation
In office
2007 – October 4, 2010
Personal details
Born Sarah Bloom
(1961-04-15) April 15, 1961 (age 55)
Medford, Massachusetts, U.S.
Nationality American
Spouse(s) Jamie Raskin
Parents Arlene Perlis Bloom
Herbert Bloom
Residence Takoma Park, Maryland
Alma mater Amherst College (B.A.)
Harvard Law School(J.D.)

Sarah Bloom Raskin (Born April 15, 1961) is an American attorney and regulator, who was formerly a member of the Board of Governors of the Federal Reserve System and former United States Deputy Secretary of the Treasury. Previously, she served as Maryland Commissioner of Financial Regulation.

Raskin was born Sarah Bloom in Medford, Massachusetts, the daughter of Arlene (née Perlis) and Herbert Bloom. She holds a J.D. degree from Harvard Law School and a B.A. in economics from Amherst College, where she wrote her undergraduate thesis on monetary policy. She is a 1979 alumna of Homewood-Flossmoor Community High School in Flossmoor, Ill.

Raskin worked as an associate at Arnold & Porter and as counsel for the U.S. Senate Banking Committee. Prior to serving as Commissioner, she was a Managing Director at the Promontory Financial Group. Raskin also served as chief financial regulator for Maryland.

President Obama nominated Raskin to the Federal Reserve Board along with fellow nominees Dr. Janet Yellen, president of the Federal Reserve Bank of San Francisco, and Massachusetts Institute of Technology economics professor Peter A. Diamond. Raskin and Yellen were unanimously confirmed as Federal Reserve Board governors by the United States Senate on September 30, 2010. On October 4, 2010, both were sworn in by Fed Chairman Ben Bernanke. As a member of the Federal Reserve Board, Raskin gained a reputation as someone focused on consumer protection and income inequality.


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