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Fed Should Revisit Bonus Rules, Raskin says

Fed Should Revisit Bonus Rules, Raskin says

Sarah Bloom Raskin, President Joe Biden's nominee to be vice chair for supervision at the Federal Reserve, says she's committed to working with other regulators to write wide-ranging rules to rein in bonuses at financial firms. She speaks in response to a question from Senator Bob Menendez, a Democrat from New Jersey.