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MNI BRIEF: Senate Committee Supports Biden's Fed Nominees

President Joe Biden's Federal Reserve nominees Philip Jefferson, Lisa Cook and Adriana Kugler garnered bipartisan support and enough votes Wednesday in the Senate Banking Committee to advance to be considered by the full Senate.

Philip Jefferson, who would be the next Fed vice chair if confirmed, received unanimous approval in the Senate Banking Committee. Lisa Cook and Adriana Kugler were supported by all Democrats and one Republican for a total of 13-10 in favor.

MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com

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