WASHINGTON—
Sarah Bloom Raskin,
President Biden’s pick to become the Federal Reserve’s top banking regulator, suffered a major blow on Monday when a key Democrat expressed opposition to her nomination, citing her views on addressing climate change.
Sen. Joe Manchin of West Virginia said in a statement that he couldn’t support Ms. Raskin’s nomination to become the Fed’s vice chairwoman of banking supervision, imperiling her confirmation chances in the evenly divided Senate.
With Republicans unified in their opposition, Ms. Raskin would need approval from all Senate Democrats to win confirmation.
For weeks, Ms. Raskin’s nomination has been stuck in the Senate Banking Committee after Republican lawmakers opposing her refused to attend a crucial committee vote. That deprived…
