The U.S. Senate confirmed Sarah Bloom Raskin today as the next Deputy Secretary of the Treasury.

“Broad bipartisan confirmation by the U.S. Senate of Fed Governor Sarah Bloom Raskin to be the Deputy Secretary of the Department of Treasury is good news for consumers, families, communities, taxpayers, our financial system and the economy.  Ms. Raskin brings years of experience with a Main Street perspective to financial markets, reform and regulation.  She has been a strong advocate for protecting the real economy, community banks and consumers, which will be vital as financial reform rulemaking is completed, enforcement is begun and housing policy is formulated,” said Dennis Kelleher, President of Better Markets, a nonprofit organization that promotes the public interest in the financial markets.