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FILE - U.S. Deputy Treasury Secretary Sarah Bloom Raskin is shown before the opening ceremony of the Asia-Pacific Economic Cooperation (APEC) finance ministers meeting at the Diaoyutai State Guesthouse in Beijing, China on Oct. 22, 2014. President Joe Biden has forwarded three nominations to the Senate for the Federal Reserve's Board of Governors, including former Fed official Sarah Bloom Raskin for the top regulatory slot, and Lisa Cook, who would be the first Black woman to serve as a governor. Biden is also nominating Phillip Jefferson, an economist, dean of faculty at Davidson College in North Carolina, and a former Fed researcher. (AP Photo/Andy Wong, File)

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FILE - This Tuesday, May 4, 2021, file photo shows the Federal Reserve building in Washington. President Joe Biden has forwarded three nominations to the Senate for the Federal Reserve's Board of Governors, including former Fed official Sarah Bloom Raskin for the top regulatory slot, and Lisa Cook, who would be the first Black woman to serve as a governor. Biden is also nominating Phillip Jefferson, an economist, dean of faculty at Davidson College in North Carolina, and a former Fed researcher. (AP Photo/Patrick Semansky, File)

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Joshua Lopez, a senior at Roberto Clemente Community Academy in the Ukrainian Village neighborhood, enters the school on the first day back to school, Wednesday, Jan. 12, 2022 in Chicago. Chicago schools will offer more COVID-19 testing and have standards to close school related to infection rates, but the cost of a bitter union battle and five days of missed schools has parents and union members questioning if it was worth it. (Pat Nabong /Chicago Sun-Times via AP)

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A student walks to Roberto Clemente Community Academy in the Ukrainian Village neighborhood on the first day back to school, Wednesday, Jan. 12, 2022 in Chicago. Chicago schools will offer more COVID-19 testing and have standards to close school related to infection rates, but the cost of a bitter union battle and five days of missed schools has parents and union members questioning if it was worth it. (Pat Nabong /Chicago Sun-Times via AP)