Live Chat

Crypto News

Cryptocurrency News 1 years ago
ENTRESRUARPTDEFRZHHIIT

Federal Reserve Governor Philip Jefferson Confirmed as Next Vice Chair by US Senate

Algoine News
Summary:
Federal Reserve governor Philip Jefferson wins confirmation from the US Senate, positioning him to become the next vice chair of the Fed. This comes as senators prepare to vote on the nominations of Lisa Cook and Adriana Kugler for board positions. The leadership makeup of federal institutions will impact the regulation of cryptocurrencies and blockchain technology.
Philip Jefferson, a Federal Reserve governor, has received confirmation from the majority of members in the United States Senate, paving the way for him to become the next vice chair of the Fed. The confirmation came after an 88-10 vote in the Senate on September 6. President Joe Biden had announced back in May that Jefferson was his choice to replace Lael Brainard, who resigned earlier this year.

Published At

9/6/2023 4:57:44 PM

Disclaimer: Algoine does not endorse any content or product on this page. Readers should conduct their own research before taking any actions related to the asset, company, or any information in this article and assume full responsibility for their decisions. This article should not be considered as investment advice. Our news is prepared with AI support.

Do you suspect this content may be misleading, incomplete, or inappropriate in any way, requiring modification or removal? We appreciate your report.

Report

Fill up form below please

๐Ÿš€ Algoine is in Public Beta! ๐ŸŒ We're working hard to perfect the platform, but please note that unforeseen glitches may arise during the testing stages. Your understanding and patience are appreciated. Explore at your own risk, and thank you for being part of our journey to redefine the Algo-Trading! ๐Ÿ’ก #AlgoineBetaLaunch