Biden nominates first Hispanic banker to Fed board amid historic picks,President Joe Biden has nominated Federal Reserve Governor Philip Jefferson, 61, to become the central bank's vice chair -- making him No. 2 to Fed Chair Jerome Powell. Adriana D. Kugler was also nominated to fill the governor seat Jefferson is leaving vacant.
Biden nominates first Hispanic banker to Fed board amid historic picks
President Joe Biden has nominated Federal Reserve Governor Philip Jefferson, 61, to become the central bank’s vice chair — making him No. 2 to Fed Chair Jerome Powell. Adriana D. Kugler was also nominated to fill the governor seat Jefferson is leaving vacant.
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