Sen. Joe Manchin, a West Virginia Democrat, said Monday that he opposes the nomination of Sarah Bloom Raskin to a key position on the Federal Reserve's Board of Governors, endangering her prospects of winning Senate confirmation.
Raskin's nomination has been stuck in the Senate Banking Committee after Republicans last month unanimously refused to vote on it, to prevent her being approved on a party-line vote. Manchin is not a member of the committee. But his opposition means that for Raskin to win approval, she would need to pick up a Republican vote in the Senate.
