Background
Raskin, Sarah Bloom was born on April 15, 1961 in Medford, Massachusetts, United States. Daughter of Herbert and Arlene (Perlis) Bloom.
administrator federal official
Raskin, Sarah Bloom was born on April 15, 1961 in Medford, Massachusetts, United States. Daughter of Herbert and Arlene (Perlis) Bloom.
Bachelor magna cum laude in Economics, Amherst College, 1983. Juris Doctor, Harvard University, 1986.
Previously, she served as Maryland Commissioner of Financial Regulation. She holds a Juris Doctor degree from Harvard Law School and a Bachelor of Arts in economics from Amherst College, where she wrote her undergraduate thesis on monetary policy. She is a 1979 alumnae of Homewood-Flossmoor Community High School in Flossmoor, Illinois.
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 Doctor 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 Federation Chairman Ben Bernanke.
On July 31, 2013, President Barack Obama announced that he would nominate Raskin to the second-in-command position of Deputy Secretary at the United States Department of the Treasury.
She was confirmed to the position on March 12, 2014 by a voice vote. Upon confirmation, Raskin became the highest-ranked woman in the history of the Treasury Department. Raskin was sworn in on March 19, 2014.
As a member of the Federal Reserve Board, Raskin gained a reputation as someone focused on consumer protection and income inequality. Upon her confirmation as Deputy Secretary she resigned as a Member of the Board of Governors of the Federal Reserve System on March 13, 2014.
Married Jamin B. Raskin, August 11, 1990. Children: Hannah Grace, Thomas.