Sen. Cynthia Lummis (R-WY) challenged Sarah Bloom Raskin, President Biden’s nominee to serve as the Federal Reserve’s vice chair for supervision, over the role she played in helping Reserve Trust, a little-known fintech company, get special access to the Fed’s payments system, The Hill reports.
Lummis said Raskin’s receipt of nearly 200,000 shares of stock worth nearly $1.5 million from a company that got special access to the Fed’s payments system “doesn’t smell right.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.