WASHINGTON The Senate confirmed Sarah Bloom Raskin as deputy secretary of the Treasury Department on Wednesday.
Raskin, who has served as a Federal Reserve Board governor since 2010, will succeed Neil Wolin as the Treasury's second-in-command, becoming the highest ranking woman in the agency's history.
"I am very pleased that the U.S. Senate showed broad support today in confirming Sarah Bloom Raskin as Deputy Secretary," said Treasury Secretary Jacob Lew in a statement after the voice vote. "The Treasury Department is gaining a proven and experienced leader who is dedicated to promoting economic prosperity, and enhancing business and consumer confidence."
The Senate Banking Committee, meanwhile, is scheduled to question three pending Fed nominees, Stanley Fischer, Jerome Powell, and Lael Brainard, at a nomination hearing on Thursday morning. The hearing was postponed last week due to inclement weather.
With Raskin's departure, there will be just four voting officials at next week's Federal Open Market Committee meeting.