Braking Down The News

Biden Moves to Remake the Federal Reserve

Latest nominees include former regulator, academic economists


President Biden’s flurry of recent picks to the Federal Reserve’s Board of Governors would shape the central bank’s leadership for years to come. They also would bring unprecedented diversity to the 108-year-old institution. If Mr. Biden’s five nominees are confirmed by the Senate, the seven-member board would include—for the first time—four women and two Black governors.

Mr. Biden’s Fed board nominees are:


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