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May 11, 2022, 11:37 PM
The US Senate confirmed economist
The vote was 91 to 7.
During his confirmation hearing, Jefferson’s experience and commitment to follow the Fed’s limited mandates had earned Republican plaudits, while Democrats have praised his research on poverty and the diversity he’ll add to the board. He was the only Biden Fed nominee to win unanimous backing from the Banking Committee.
The Senate is expected to act as soon as Thursday to confirm
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