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Sarah Bloom Raskin

Raskin, Sworn In As Deputy Treasury Secretary, Makes History

"Sarah Bloom Raskin was sworn in Friday as deputy secretary of the Treasury Department, after stepping down from her seat on the Federal Reserve Board.

"Raskin was sworn in by Treasury Secretary Jack Lew and is now the department's No. 2, succeeding Neal Wolin, who left in August.

"Raskin had served as a Fed governor since 2010, and before that she was Maryland's commissioner of financial institutions. She has also worked for the Senate Banking Committee and at Promontory Financial Group.