![]() The twin appointments could represent a political sweet spot for Biden who would need to get both appointments through a deeply divided Senate. Kugler, a Colombian-American, would be the central bank's first-ever Latina governor and would fill the position left vacant by Jefferson. ![]() central bank's second-ever Black vice chair.He would fill the spot vacated by Lael Brainard, who in February left to become one of Biden's chief economic advisors. Jefferson, a former economics professor who has been on the seven-seat Fed Board for just under a year, would be the U.S. ![]() ![]() President Joe Biden is likely to nominate current Federal Reserve Governor Philip Jefferson to be the central bank's vice chair and World Bank economist Adriana Kugler as a governor, the New York Times reported on Monday. ![]()
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