WASHINGTON Sarah Bloom Raskin withdrew her nomination for the Federal Reserve Board on Tuesday after it became clear she didnt have the votes to be confirmed.

Raskins nomination was in jeopardy even before this week due to a GOP boycott in the Senate Banking Committee. Republicans refused to show up to hearings to vote on Raskins nomination, as well as two other of President Joe Biden s picks to the Federal Reserve, because of past statements Raskin made advocating for the Fed to be more proactive in addressing the financial risks posed by climate change.

With no GOP members present, Democrats were unable to advance the nominations under the current rules governing an evenly divided 50-50 Senate.

But the final nail in the coffin for Raskins nomination didnt land until Monday when Sen. Joe Manchin (D-W.Va.) announced he, too, couldnt vote for her.

Her previous public statements have failed to satisfactorily address my concerns about the critical importance of financing an all-of-the-above energy policy to meet our nations critical energy needs, Manchin said.

Raskin was confirmed twice before by the Senate via unanimous support: once to the Federal Reserve Board, which she was nominated for again, and later for deputy treasury secretary.

But that didnt matter as Republicans lined up against her nomination.

Republicans engaged in a disingenuous smear campaign, distorting Ms. Raskins views beyond recognition and made unsubstantiated attacks on her character, Sen. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, said Tuesday.

The silver lining for the Biden administration may be the fact that their other nominees to the Fed board, who enjoyed bipartisan support but got boycotted along with Raskin, will now likely go on to be confirmed.