Sarah Bloom Raskin has withdrawn her name from consideration to the Federal Reserve Board on Tuesday after a stalemate in the Senate over her nomination. Fed policymakers are expected to raise interest rates this week, for the first time in three years. Lisa Desjardins has more on the roadblocks the Biden administration is up against.
Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6
Follow us:
Facebook: https://www.pbs.org/newshour
Twitter: https://www.twitter.com/newshour
Instagram: https://www.instagram.com/newshour
Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe