The Senate has confirmed Federal Reserve Governor Sarah Bloom Raskin as deputy secretary at the Treasury Department, making her the highest-ranking woman in the agency’s history. Raskin joined the Fed in 2010 and was known for her focus on consumer protection. In her speeches, she has called attention to problems in the mortgage and foreclosure industries, the consequences of growing wealth and income inequality and the plight of low- and middle-income consumers. Before joining the Fed, Raskin was the chief financial regulator for the state of Maryland. Her confirmation creates another vacant seat on the seven-member board of governors.