On Monday, 24 members of the fiscally conservative State Financial Officers Foundation, representing 21 states, urged Biden to withdraw Raskin's nomination, warning that what they called her "radical banking and economic views" could shut oil and gas companies out of bank loans and send energy costs sharply higher. Chamber of Commerce last week sent an unprecedented letter to lawmakers raising concerns about Raskin and her calls for federal regulators to transition financing away from the fossil fuel industry. "Her experience and her impeccable credentials were the determinant in her being nominated for this role, and I think it's a little questionable for anyone to raise otherwise." "Just like any nominee, she should be judged by qualifications," Psaki said. Psaki told reporters Raskin had pledged her commitment to the independent role of the Federal Reserve and would work with her colleagues to mitigate a range of risks, if confirmed. Raskin, a former Fed governor and senior Treasury Department official who is strongly backed by progressive Democrats, has become a lightning rod for criticism from business groups and fiscal conservatives for her views on climate change. "She has been said by many to be the most qualified person to be nominated to this role, which I think is probably more important than who she's married to." "I think she can stand on her own qualifications, not just because she's a woman, but because she's done a lot in her career," Psaki said. President Joe Biden's nominee as the Fed's vice chair for supervision, should be judged on her "impeccable credentials" and not her marriage to Representative Jamie Raskin, who served as the lead Democratic prosecutor for the unsuccessful 2021 impeachment trial, Psaki told reporters. WASHINGTON, Jan 31 (Reuters) - White House press secretary Jen Psaki on Monday rejected concerns that Sarah Bloom Raskin would be unable to maintain independence at the Federal Reserve given that her husband led impeachment proceedings against former President Donald Trump.
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