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MarketsJefferson Confirmed by Senate as Federal Reserve GovernorBiden nominee drew broad support from Republicans, DemocratsVote on Powell’s renomination as Fed chair expected ThursdayPhilip JeffersonPhotographer: Ken Cedeno/Reuters/BloombergBySteven T. Dennis+FollowMay 11, 2022, 11:37 PM UTCUpdated onMay 12, 2022, 1:44 AM UTCThe US Senate confirmed economist Philip Jefferson as a Federal Reserve governor on Wednesday evening, adding a third nominee of President Joe Biden to the central bank’s board.The vote was 91 to 7.
