Politico, March 15, 2022, A come-to-Jesus moment on financial nominations
Sens. Joe Manchin (D-W.Va.) and Susan Collins (R-Maine) have all but sealed the fate of President Joe Biden’s nominee to be the nation’s top bank regulator.
What happens next will determine whether Biden can get anyone confirmed to the job this year, before Republicans potentially take back the upper chamber.
“There’s a tough conversation to be had in the Democratic Party about where do you go from here,” said Jesse Van Tol, president of the National Community Reinvestment Coalition, which supports Raskin’s nomination. “Something’s got to give. Either you’ve got to mount a campaign that can win, in terms of pressuring certain people, or you’ve got to compromise.
