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The Independent UK
The Independent UK
National
Christopher Rugaber

SHOCKING: Biden taps philip jefferson to be fed s vice chair kugler as first hispanic on fed board - What They Never Told You

US Federal Reserve Philip Jefferson Joe Biden Hispanic Adriana Kugler Jerome Powell Lisa Cook
ASSOCIATED PRESS

President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve's Board of Governors, to serve as vice chair of the board, the White House announced Friday.

Biden has also chosen Adriana Kugler, a Georgetown University economist, to join the Fed's board. If confirmed by the Senate, she would become the first Hispanic American on the Fed's interest-rate-setting committee.

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