When Federal Reserve governors voted in 2011 on the Volcker rule ban on banks’ proprietary trading, Sarah Bloom Raskin was alone in opposition. For her, it wasn’t tough enough.
Federal Reserve Governor Sarah Bloom Raskin said the financial inequality resulting from stagnating incomes for most Americans and rapid growth in wealth for the richest 1 percent is hindering the U.S. economic recovery.
"Total federal originations have fallen since their 2012 peak and originations per borrower have fallen since 2010."
- Sarah Bloom Raskin on Sep 29, 2014