History of Sarah Bloom Raskin in Timeline

Sarah Bloom Raskin is an American attorney specializing in financial markets policy. She held significant positions such as the 13th US Deputy Secretary of the Treasury and a member of the Federal Reserve Board of Governors. With experience as Maryland's Commissioner of Financial Regulation, a Duke University Rubenstein Fellow, and her current role as a Duke Law School professor, she is a prominent figure in finance. She further contributes to the field as a Senior Fellow at the Duke Center on Risk and a partner at Kaya Partners, a climate advisory firm.

April 15, 1961: Birth of Sarah Bloom Raskin

Sarah Bloom Raskin was born on April 15, 1961.

1979: Graduation from Homewood-Flossmoor High School

Sarah Bloom Raskin graduated from Homewood-Flossmoor High School in 1979.

1983: Graduation from Amherst College

Sarah Bloom Raskin graduated magna cum laude and Phi Beta Kappa with a Bachelor of Arts in economics from Amherst College in 1983.

1986: Graduation from Harvard Law School

Sarah Bloom Raskin received her Juris Doctor from Harvard Law School in 1986.

2006: Residence in Takoma Park, Maryland

As of 2006, Sarah Bloom Raskin and her husband, Jamie Raskin, resided in Takoma Park, Maryland.

September 30, 2010: Confirmation as Federal Reserve Board Governor

The United States Senate unanimously confirmed Sarah Bloom Raskin and Janet Yellen as Federal Reserve Board governors on September 30, 2010.

October 4, 2010: Swearing-in as Federal Reserve Board Governor

Sarah Bloom Raskin and Janet Yellen were sworn in as Federal Reserve Board governors by Fed Chairman Ben Bernanke on October 4, 2010.

2010: Appointment to the Federal Reserve Board of Governors

In 2010, Sarah Bloom Raskin was appointed as a member of the Federal Reserve Board of Governors.

July 31, 2013: Nomination for Deputy Secretary of the Treasury

President Barack Obama announced his nomination of Sarah Bloom Raskin for the position of Deputy Secretary of the Treasury on July 31, 2013.

March 12, 2014: Confirmation as Deputy Secretary of the Treasury

Sarah Bloom Raskin's nomination for Deputy Secretary of the Treasury was confirmed by a voice vote on March 12, 2014.

March 13, 2014: Resignation from Federal Reserve Board of Governors

Following her confirmation as Deputy Secretary of the Treasury, Sarah Bloom Raskin resigned from her position as a member of the Board of Governors of the Federal Reserve System on March 13, 2014.

March 19, 2014: Swearing-in as Deputy Secretary of the Treasury

Sarah Bloom Raskin was sworn in as Deputy Secretary of the Treasury on March 19, 2014.

2014: Appointment as U.S. Deputy Secretary of the Treasury

In 2014, Sarah Bloom Raskin assumed the role of the 13th United States Deputy Secretary of the Treasury.

2017: Conclusion of Term as U.S. Deputy Secretary of the Treasury

Sarah Bloom Raskin concluded her service as the United States Deputy Secretary of the Treasury in 2017.

2017: Distinguished Visiting Professor at University of Maryland

Sarah Bloom Raskin served as a distinguished visiting professor at the University of Maryland Francis King Carey School of Law during the 2017–2018 academic year.

2018: Rubenstein Fellow at Duke University

Sarah Bloom Raskin began her tenure as a Rubenstein Fellow at Duke University during the 2018-2019 academic year.

May 19, 2019: Honorary Doctorate from Muhlenberg College

On May 19, 2019, Sarah Bloom Raskin was awarded an honorary Doctorate of Humane Letters by Muhlenberg College.

2019: Continuation as Rubenstein Fellow and Focus on Regulation and Resilience

Sarah Bloom Raskin continued her work as a Rubenstein Fellow at Duke University in 2019, focusing on a research agenda aimed at reshaping the relationship between regulation and resilience in financial markets.

November 2020: Consideration for Treasury Secretary

Reports emerged in November 2020 that Sarah Bloom Raskin was being considered for the position of Treasury Secretary in the Biden administration.

2020: Conclusion of Rubenstein Fellowship

Sarah Bloom Raskin concluded her Rubenstein Fellowship at Duke University in 2020.

December 31, 2020: Passing of Son, Thomas Raskin

Sarah Bloom Raskin's office announced the passing of her son, Thomas (Tommy) Raskin, on December 31, 2020, at the age of 25.

January 4, 2021: Tribute to Thomas Raskin

On January 4, 2021, Sarah Bloom Raskin and her husband shared an online tribute revealing that their son, Thomas, had died after battling depression.

2021: Potential Candidate for Comptroller of the Currency

In 2021, Sarah Bloom Raskin was mentioned as a potential candidate to lead the Office of the Comptroller of the Currency (OCC).

January 14, 2022: Nomination for Vice Chairwoman of the Federal Reserve

On January 14, 2022, the Biden administration nominated Sarah Bloom Raskin to serve as vice chairwoman for banking supervision at the Federal Reserve Board of Governors.

February 3, 2022: Senate Hearings for Federal Reserve Nomination

Hearings for Sarah Bloom Raskin's nomination to the Federal Reserve Board of Governors were held before the Senate Banking Committee on February 3, 2022.