Sarah Bloom Raskin | |
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United States Deputy Secretary of the Treasury | |
In office March 19, 2014 – January 20, 2017 |
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President | Barack Obama |
Preceded by | Mary J. Miller (acting) |
Succeeded by | TBD |
Governor of the Federal Reserve System | |
In office October 4, 2010 – March 13, 2014 |
|
Nominated by | Barack Obama |
Maryland Commissioner of Financial Regulation | |
In office 2007 – October 4, 2010 |
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Personal details | |
Born |
Sarah Bloom April 15, 1961 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.