On April 15, 1961, Sarah Bloom Raskin was born, which makes her 64 years old in 2025. She served as 13th U.S. Deputy Secretary of Treasury from 2014 – 2017 and was a member of the Federal Reserve Board of Governors from 2010 – 2014. Currently, she is an American attorney and a financial markets expert. Sarah Bloom Raskin is married to a sitting U.S. Congressman from Maryland, Jamie Raskin, as of August 11, 1990. They share three children; She and her husband have two daughters, Hannah and Tabitha and a son, Thomas (Tommy) who tragically died in 2020 at the age of 25.
Raskin’s areas of specialization include the areas of financial regulation and consumer protection, and she has been a member of and held teaching positions at Duke University as well as being part of a climate advisory firm. Sarah Bloom net worth in 2025 is estimated around $1.5 million, which is a sum accrued from her years in government service, teaching positions, investments and other financial dealings. Although she is a public figure, Raskin prefers to keep her focus on law, economics, financial policy, and her work, avoiding the limelight.
Social Profiles
Quick Bio
| Attribute | Information |
|---|---|
| Full Name | Sarah Bloom Raskin |
| Date of Birth | April 15, 1961 |
| Age in 2025 | 64 years |
| Place of Birth | Medford, Massachusetts |
| Education | B.A. in Economics, Amherst College (magna cum laude, Phi Beta Kappa) J.D., Harvard Law School (1986) |
| Career Highlights | – Maryland Commissioner of Financial Regulation (2007–2010) – Federal Reserve Board Governor (2010–2014) – U.S. Deputy Secretary of the Treasury (2014–2017) – Colin W. Brown Distinguished Professor of the Practice of Law at Duke Law School (2021–present) – Senior Fellow at Duke Center on Risk – Partner at Kaya Partners, Ltd. (climate advisory firm) |
| Areas of Expertise | Financial regulation, consumer protection, cybersecurity, climate-related financial regulation |
| Notable Achievements | Highest-ranking woman in U.S. Treasury Department history (as Deputy Secretary) Led development of G-7 Fundamental Elements of Cybersecurity for Financial Sector |
| Family | Married to Jamie Raskin, U.S. Congressman; 3 children (2 daughters and 1 son, who passed away in 2020) |
| Net Worth Estimate (2025) | Estimated $1.5 million |
Sarah Bloom Raskin Net Worth in 2025
Based on estimations, by the year 2025, Sarah Bloom Raskin’s net worth is projected to fall somewhere around $1.5 million. Such wealth stems from a combination of her government positions, including the U.S. Deputy Secretary of the Treasury from 2014 to 2017 and a member of the Federal Reserve Board of Governors from 2010 to 2014, her academic roles, investments, and a climate advisory firm. Her wealth is comprised of a high-value residential condominium in Washington, D.C. as well as several investment accounts and other financial holdings.
Regardless of the range, Raskin is uniformly accepted to have crossed the millions in net worth, accumulating substantial financial achievements from a blend of public service and private sector activities.
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Business Ventures and Income Sources
- Board of Directors Member at Arcadia: Arcadia actively works to further business solutions to the climate crisis Raskin brought Raskin to its board, where she supplemented its financial regulation and climate risk strategies.
- Academic Positions: Raskin serves as the Colin W. Brown Distinguished Professor of the Practice of Law at the Duke University School of Law. And she teaches courses on financial regulation and climate policy along with other economic subjects.
- Climate Advisory Firm Partner: She is a partner at the climate advisory firm Kaya Partners. Which formulates sustainable financial strategies (mentioned earlier in the conversation).
- Former Roles Influencing Income: Positions like the U.S. Deputy Secretary of the Treasury (2014–2017) and a Federal Reserve Board Governor (2010–2014) add to Raskin’s public service profile. This is likely to support her reputation as a consultant, increasing her income streams.
- Private Sector and Legal Consulting: Raskin’s roles as Managing Director and General Counsel at a retail and energy financial firm add to her income and earning potential.
- Investments and Stock Sales: Raskin’s net worth increased after engaging in multiple investments. One of which was selling her stake in Reserve Trust fintech company for 1.5 million dollars.
- Public Speaking and Policy Advocacy: She is actively involved in various forums and public speaking engagements which are related to climate risk and financial regulation and from which she most likely obtains some form of remuneration or consultation payments.
Real State Ownership and Properties
As of 2025, Sarah Bloom Raskin possesses a residential condominium located in Washington, D.C. which holds a value ranging from $1 million to $5 million. She also earns a rental income of $1,001 to $2,500. This condominium is a major part of her real estate holdings and contributes to her net worth which is estimated around $1.5 million. Beyond the range of this condominium’s net worth, no further specific details of property ownership have been disclosed.
Personal Life
Personal Life and Family
- Sarah Bloom Raskin is the spouse of Jamie Raskin, a Congressman from the 8th congressional district of Maryland.
- They were wed on August 11, 1990.
- Their current residence is Takoma Park in Maryland.
- They are rather reserved when it comes to discussing family life, even though they are public figures.
Children
- The couple has three children together:
- Hannah Grace Raskin (born July 13, 1992)
- Thomas Bloom Raskin (known as Tommy) (born January 30, 1995; died December 31, 2020, after a long struggle with depression)
- Tabitha Claire Raskin (born January 31, 1997)
- The family shared public tributes and expressions of grief following the loss of their son Tommy. An Amherst College graduate and second-year Harvard Law student.
Siblings
- Sarah Bloom Raskin is listed as having one brother, Kenneth Bloom.
- Herbert Bloom and Arlene Bloom are listed as her parents along with her niece, Maggie Littlewood.
Extended Family
- Marcus Raskin, an influential policy activist, is the father of Jamie Raskin.
- His mother is Barbara Bellman, recognized for her writings on feminism.
- Their extended family are cousins Jed Bellman and Sarah Bergen.
Career Journey
- Maryland Commissioner of Financial Regulation (2007–2010): As the commissioner of financial regulation for the state of Maryland. Raskin regulated the state chartered banks, credit unions, mortgage lenders and servicers, and trust companies. She provided critical oversight for financial institutions in Maryland and helped them navigate the reforms and supervision necessary to avert failures during the financial crisis of 2008.
- Federal Reserve Board Governor (2010–2014): Appointed by president Obama. Confirmed unanimously by the senate, she began serving on October 4, 2010. Her central themes include consumer protection, income inequality, financial stability, and community development.
- U.S. Deputy Secretary of the Treasury (2014–2017): She was nominated by President Obama, and confirmed. Making her the highest-ranking woman in Treasury Department history at that time. She had key focuses on financial reform, anti-money laundering initiatives, cybersecurity pertaining to finance, and the macroeconomic effects of student debt.
- Academic Career (Post 2017): Following her government service, Raskin held the position of distinguished visiting professor at the University of Maryland in 2017-2018 and went on to serve as a Rubenstein Fellow at Duke University from 2018 to 2020, focusing on regulatory issues, market resilience, cybersecurity, and climate risk. Since 2021, Raskin has held the position of Colin W. Brown Distinguished Professor of the Practice of Law at Duke Law School and continues as a Senior Fellow at the Duke Center on Risk.
- Climate and Financial Advisory Roles: Raskin sits on the boards of Arcadia, a clean energy company, and is also a partner at climate advisory firm. Kaya Partners, leveraging her experience in climate financial regulation.
- Recent Nomination (2022): Raskin’s most recent nomination was to serve as Vice Chairwoman for Banking Supervision at the Federal Reserve Board. Which she later withdrew from after facing political headwinds for her assertion regarding climate change as a primary financial risk.
Struggles with Mental Health, Addiction & Homelessness
Mental Health Challenges
- Following the strain of familial obligations and professional responsibilities, Sarah Bloom Raskin underwent a manic episode which marked the onset of her bipolar mood disorder diagnosis in 2011. Raskin has coped with subsequent depressive episodes and suicidal ideation with the aid of therapy, medication, and a supportive family.
- Devastatingly, Sarah Bloom Raskin’s son, Tommy, suffered from intense depression which culminated in suicide in December 2020. Prior to his death, Tommy was a Harvard Law student, and his death was a tremendous loss for the family as well as the nation, which. At the time, drew considerable attention to mental health issues.
Addiction
- Unlike the mental health and suicide issues affecting the family. There appears to be a lack of publicly available information connecting Sarah Bloom Raskin with any issues of addiction. Suicide prevention and mental health, however, remain at the forefront of the family’s public message and focus.
Homelessness
- As far as public records and credible reports go, there is no indication that Sarah Bloom Raskin and her family have experienced homelessness. Their public narratives and advocacy focus on social issues pertaining to the awareness of mental illness, prevention of suicides, and legislative advocacy on mental illness services.
Impact and Advocacy
- After the passing of Tommy Raskin, the state of Maryland implemented the Thomas Bloom Raskin Act. Which a mental health services support program aim at assisting residents experiencing a mental health crisis, thus continuing to carry the family’s legacy in public policy.
- Both Sarah and Jamie Raskin remain active in advocating mental health awareness, and understanding and respecting those affected, pointing to the worrying and rising rates of depression, anxiety, and suicides, particularly among the youth.
Current Status
Since 2025, Sarah Bloom Raskin has held the title Colin W. Brown Distinguished Professor of the Practice of Law at Duke University School of Law. As well as a Senior Fellow at the Duke Center on Risk. Her work there focuses on financial regulation, climate risk, and economic policy. Additionally, she serves in the climate-related financial advisory spheres as a partner at Kaya Partners and as a board member at clean energy corporation, Arcadia.
In 2022, she nominate by President Biden to vice chair for banking supervision at the Federal Reserve Board. But withdrew her nomination due to politicized opposition largely centered around her climate change policy. While continuing to a notable financial regulation and climate risk policy figure, she has for the time being withdrawn to advisory and academic roles instead of a public, federally regulate position. This remains true as of 2025.
Public Perception & Media Coverage
Public Perception
- Sarah Bloom Raskin known for being one of the most proficient financial regulators with deep expertise in the financial system, consumer protection, and climate risk in finance.
- She has made contributions in and well-respect in the academia and policy space for merging financial regulation with climate risk.
Media Coverage
- The most salient one is the attention her nomination by President Biden in 2022 for the Fed vice chair for supervision. It received considerable attention due to her progressive climate policy and financial sector reform.
- Media reports almost uniformly remarked that the only opposition to her nomination came from some Republican Senators and a handful of Democrats. Which many critics coin politically motivated and her climate policy heavily misrepresent.
- Her withdrawal from the nomination process also cover extensively, with narratives pushing the fact that while she politically contest expertise on the matter. She faced resistance for her climate policy on the finance and fossil fuel sector.
Political Context
- There was also speculation from the media linking the opposition to Raskin’s nomination to the political sphere of her husband, Congressman Jamie Raskin, particularly for his known part in the Trump’s second impeachment.
- Certain climate change-focused media outlets showcased her climate policies in a controversial manner, which drew counter arguments from policy analysts who defended her positions.
Public and Professional Image
- Raskin recognize as a determine and thoughtful expert who skillfully integrates public service and academic positions, focusing on climate resilience, cybersecurity, and the sustainability of financial systems.
- Aspects of media coverage demonstrate her respect and acknowledgement of family tragedies and mental illness, which humanizes her public persona without stripping her professionalism.
FAQs
What is Sarah Bloom Raskin’s net worth in 2024?
Estimates around $1.5 million based on public records and assets.
Who is Sarah Bloom Raskin’s husband?
He is the current U.S. Representative for Maryland’s 8th congressional district Jamie Raskin.
What happened to Thomas Bloom Raskin?
Thomas was the couple’s son, and his death was a tragic event for the family.
Is Sarah Bloom Raskin related to Sarah Bloom on NBC12?
No, they are different people.
What is Jamie Raskin’s net worth?
Estimated to be several million dollars, contributing to the family’s total net worth.
Conclusion
Her public service accomplishments are noteworthy, and dominated her legacy alongside her financial profile. The public’s interest in her career centers around her family’s strong foundation and her transparency in financial matters. Sarah Bloom Raskin remains a prominent figure in the financial regulation and economic policy spheres.
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