Washington, DC – Today, in reaction to the Senate’s confirmation of Sarah Bloom Raskin as Deputy Secretary of the U.S. Department of the Treasury, the National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement:
“We applaud the confirmation of Sarah Bloom Raskin as Deputy Secretary of the Treasury Department. During her tenure as a Federal Reserve Board Governor, and before as Commissioner of Financial Regulation in Maryland, she has served as an outstanding voice for all consumers. We know she will bring this same commitment to her new position at the Treasury Department and ensure that the needs of low- and moderate-income Americans are a priority. Her addition to the Treasury Department staff demonstrates their commitment to underserved people and communities.”
News of Raskin’s confirmation was met with resounding applause at the 2014 NCRC Annual Conference.
In August 2013, NCRC applauded the nomination of Sarah Bloom Raskin and called for her swift confirmation.
About the National Community Reinvestment Coalition (NCRC):
The National Community Reinvestment Coalition is an association of more than 600 community-based organizations that promote access to basic banking services, including credit and savings, to create and sustain affordable housing, job development, and vibrant communities for America’s working families.