American lawyer, politician and financial regulator
Sarah Bloom Raskin is an American lawyer, politician and financial regulator. She was a member of the Board of Governors of the Federal Reserve System and the former United States Deputy Secretary of the Treasury. Before this service, she worked as a Maryland Commissioner of Financial Regulation and as a Managing Director at the Promontory Financial Group. She is also recommended for the future Secretary of the Treasury in 2019. As of now, Sarah is a Rubenstein Fellow at Duke University.
Sarah Bloom Raskin Facts and Information
|Name||Sarah Bloom Raskin|
|Education||Homewood-Flossmoor High School Amherst CollegeHarvard Law SchoolMuhlenberg College|
|Profession||Lawyer, politician and financial regulator|
|Party||The Democratic Party|
Sarah Bloom Raskin Early Life and Education
Sarah Bloom Raskin was born on April 15, 1961, in Medford, Massachusetts. She belongs to a Jewish family. Sarah was raised by father, Herbert Bloom and mother, Arlene.
She completed her high school in 1979 from Homewood-Flossmoor High School in Flossmoor, Illinois. Later, In 1983 she did her bachelors of art in economics from Amherst College. She graduated from university with magna cum laude and Phi Beta Kappa. She wrote her thesis on monetary policy for her bachelor’s degree. Sarah attended Harvard Law School and received a JD degree in 1986. On May 19th, 2019, she was also awarded an honorary Doctorate of Humane Letters by Muhlenberg College.
Sarah Bloom Raskin Career
In the earliest phase, Sarah Bloom Raskin was a Managing Director at the Promontory Financial Group. Later on, she worked as a commissioner in the U.S. Senate Banking Committee and at Arnold & Porter as an associate. Raskin also worked at Maryland as a financial regulator.
During the Obama administration, Sarah was nominated to the Federal Reserve Board by then-president. She was nominated with Dr Janet Yellen and professor Peter A. Diamond. On September 30, 2010, she was confirmed as Federal Reserve Board governors by the United States Senate without any opposition. In her tenure, she focused on issues like consumer protection and income inequality which made her a popular member of the Federal Reserve Board.
For the second-in-command position of Deputy Secretary at the United States Department of the Treasury, Raskin was again nominated by Obama on July 31, 2013. Sarah was confirmed as Deputy Secretary on March 12, 2014, and took office on March 19, 2014. She resigned her membership of the Board of Governors of the Federal Reserve System on March 13, 2014. Currently, she is a Rubenstein Fellow at Duke University. In 2020, the Biden administration Raskin was named a candidate for Secretary of the Treasury.
Sarah Bloom Raskin Family
Sarah Bloom Raskin is married to Jamie Raskin, an American author, politician. Jamie Raskin is also a member of the U.S. House of Representatives from Maryland’s 8th congressional district. Together they have three children. She lives with her family in Takoma Park, Maryland.
Sarah Bloom Age, Birthday, Net-worth
Sarah Bloom Raskin is currently 59 years old. She celebrates her birthday on April 15. As of 2020, her estimated net worth is $1.5 million.