Chamber Raises Concern About Raskin on Climate, Regulation (2)

The U.S. Chamber of Commerce is expressing reservations about Federal Reserve nominee Sarah Bloom Raskin’s views on the central bank’s role in regulating the financial risks of climate change, along with other areas of oversight.

“Some of Ms. Raskin’s past actions and statements have raised concerns among the U.S. business community and merit the Committee’s scrutiny,” Tom Quaadman, executive vice president of the chamber’s Center for Capital Markets Competitiveness, wrote in a letter to the Senate Banking Committee.

Sarah Bloom Raskin

Photographer: Andrew Harrer/Bloomberg

President Joe Biden this month nominated Raskin as the Fed’s vice chair of supervision, and her views on climate ...