Paul S. Sarbanes: “I understand that the majority of the loans held by the Bank System are jumbo loans, beyond the conforming limits; is…”

[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.

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.

This bipartisan legislation is cosponsored by the entire Maryland Congressional delegation.

She will do an absolutely terrific job as a Librarian of Congress.