Economic news
Biden expected to nominate Jefferson as next Federal Reserve vice chair -sources
2023.05.03 19:42
© Reuters. FILE PHOTO: Member of the Federal Reserve Board of Governors Philip Jefferson attends a dinner program at Grand Teton National Park where financial leaders from around the world are gathering for the Jackson Hole Economic Symposium outside Jackson, Wyomin
WASHINGTON (Reuters) -U.S. President Joe Biden is expected to nominate Federal Reserve Governor Philip Jefferson as the next vice chair, two sources familiar with the matter said on Wednesday
In addition, economist Adrian Kugler is expected to be nominated to an open Fed board seat, with an announcement anticipated in coming days, the sources said.
