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White House defends Raskin as Fed nominee

Reuters
Reuters
FILE PHOTO: U.S. Senate Banking Committee holds hearing for Federal Reserve nominees on Capitol Hill in Washington

WASHINGTON – White House press secretary Jen Psaki defended Federal Reserve Board nominee Sarah Bloom Raskin on Monday as a qualified nominee amid criticism from conservatives that she is a bad fit.

(Reporting by Andrea Shalal and Steve Holland; Editing by Chris Reese)

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