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The Independent UK

National

By Christopher Rugaber and Ken Sweet

Biden's 3 Federal Reserve nominees appear likely to win Senate approval

US Federal Reserve Joe Biden Lisa Cook Adriana Kugler Inflation Philip Jefferson the Senate Banking Committee JD Vance Republican the University of California Berkeley

ASSOCIATED PRESS

President Joe Biden's three nominees for the Federal Reserve's Board of Governors pledged to fight inflation during a confirmation hearing Wednesday that drew only modest pushback from Republican members of the Senate Banking Committee.

Last month, Biden nominated Adriana Kugler, a Georgetown University economist, to serve as a Fed governor, a position that would make her the first Latina to serve on the board in the Fed's 110-year history.

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