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CORRECT: Fed Pick Raskin Faces Opposition From Oil Groups

Jan. 25, 2022, 9:48 PM

The U.S. Oil & Gas Association and several other oil groups are opposing Sarah Bloom Raskin’s nomination for vice chair for supervision of the Federal Reserve, according to draft letters.

  • “She is a strong advocate for debanking the very industry that powers America. Her multiple public statements indicate an agenda at odds with the president’s goal of providing Americans with reliable, affordable energy,” groups write in one draft
  • American Exploration and Production Council raises concerns about Raskin’s nomination in separate draft letter saying Bloom Raskin has shown a “public and extreme bias against American energy companies”
  • NOTE: ...