WASHINGTON (3/13/14)--The U.S. Senate confirmed Sarah Bloom Raskin to become deputy secretary to the U.S. Treasury Department, making her the second in command there and the highest-ranking woman ever in a Treasury post.
Bloom Raskin's nomination was confirmed by voice vote. Her exit from her current position on the Federal Reserve Board of Governors will make for three vacancies in the central bank's seven-member board.
Bloom Raskin has served at the Fed since 2010.
Today, the Senate Banking Committee is expected to consider the nomination of J. Mark McWatters to become a member of the National Credit Union Administration board, as well as Stanley Fischer, as a member and vice chairman of the Federal Reserve Board; Jerome Powell, as Federal Reserve Board governor; Lael Brainard, as a Fed governor; and Gustavo Aguilar, to be an assistant secretary for the U.S. Department of Housing and Urban Development.