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Jefferson Confirmed by Senate as Federal Reserve Governor

  • Biden nominee drew broad support from Republicans, Democrats
  • Vote on Powell’s renomination as Fed chair expected Thursday
Philip Jefferson
Philip JeffersonPhotographer: Ken Cedeno/Reuters/Bloomberg
Updated on

The 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.