Paul S. Sarbanes: “This was a decision by the Bank of Japan, the Government, not by private Japanese investors about the strength of the…”

I started the application process, eventually achieving a coveted nomination to the U.S. Naval Academy from Senator Paul Sarbanes.

I am pleased to join with Senator Cardin and Senator Mikulski sending in a letter in very strong support of Sarah Bloom Raskin to go on the Federal Reserve Board.

I thank Senator Mikulski.

[a]ll hearings under this section shall be public, unless otherwise ordered by the Board on its own motion or after considering the motion of a party.