Philip Jefferson Nominated as Fed's Vice Chair by Biden

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Source: The Wall Street Journal
Philip Jefferson Nominated as Fed's Vice Chair by Biden
Photo: The Wall Street Journal
TL;DR

President Biden plans to nominate Philip Jefferson, a current Federal Reserve governor, as the central bank's second-in-command, and Adriana Kugler, a top World Bank official, to join the Fed board. Both nominations are subject to Senate confirmation.

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