Biden will promote Philip Jefferson to vice chair he would be the second Black person in that post and nominate Lisa Cook, who last year became the first Black woman on the Fed board, to a full 14-year term.
President Joe Biden s hunt for a Federal Reserve vice chair is down to a handful of candidates and the administration has the banking crisis and colla.
Minutes from the U.S. Federal Reserve s latest meeting out Wednesday are expected to detail the breadth of debate at the central bank over how much further interest rates may need to be raised to
By Howard Schneider WASHINGTON (Reuters) - Minutes from the U.S. Federal Reserve's latest meeting out Wednesday are expected to detail the breadth of .