WASHINGTON—
Sarah Bloom Raskin,
President Biden’s pick to become the government’s most influential bank regulator, could face a contentious hearing on Thursday when she testifies before Senate lawmakers, a key hurdle for confirmation.
Ms. Raskin, who was formally nominated last month by the Biden administration to serve as the Federal Reserve’s vice chairwoman for supervision, will likely face questions on her calls for regulators to speed up the transition from fossil fuels and her support for tougher banking rules.
The U.S. Chamber of Commerce last week urged Senate lawmakers to scrutinize Ms. Raskin’s views on climate and other matters, while 41 oil-and-gas trade groups pressed lawmakers to oppose her, citing her climate stances. “She is a strong advocate for debanking the very industry that powers America,” the energy groups said in a…
