About the same in other media
U.S. Senate confirms Adriana Kugler to the Fed Board
Reading now: 161
(Reuters) -The U.S. Senate on Thursday confirmed World Bank economist Adriana Kugler to the Federal Reserve Board of Governors, where she will help set interest rates for the world's biggest economy.
Kugler, whose research has focused on labor markets, is the first Latina to be nominated to the U.S. central bank. The vote was 53-45, with a few Republicans supporting the nomination that was championed by Senator Bob Menendez.
The Senate on Wednesday also confirmed Fed Governor Philip Jefferson as Fed vice chair and Fed Governor Lisa Cook to a second term.
With Kugler's addition, the Fed Board now has its full seven members, who along with the Fed's 12 regional bank presidents set monetary policy for the world's biggest economy.
Read more on investing.comAbout this in other media
US Senator Menendez vows to stay in Congress, fight bribery charges investing.com /1 year ago
3 Reasons Why the Fed Will Have to Be Even More Hawkish in 2024 investing.com /1 year ago
US Senate confirms Biden pick as top US military officer investing.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
