FOR IMMEDIATE RELEASE
ICBA Statement on Nomination of Fed Governor Sarah Bloom Raskin for Deputy Treasury Secretary
Washington, D.C. (August 1, 2013)—Camden R. Fine, president and CEO of the Independent Community Bankers of America® (ICBA) today released this statement following the nomination of Federal Reserve Governor Sarah Bloom Raskin for Deputy Treasury Secretary.
"ICBA congratulates Governor Raskin on her nomination for Deputy Treasury Secretary. Her broad and distinguished experience in financial services regulatory policy at the federal and state levels makes her eminently qualified to serve in this critical role.
"As a former bank commissioner for the state of Maryland, Governor Raskin supervised many community banks throughout the state. Her knowledge of community banks’ role in supporting local economic development and small business lending will provide an important perspective to the Treasury Department’s policymaking and deliberations.
"ICBA and community banks across the country look forward to working with Governor Raskin in the months ahead on important financial issues to promote an environment in which community banks can flourish and serve their customers on Main Street."
The Independent Community Bankers of America®, the nation’s voice for nearly 7,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.