Jerome Powell Sworn in as Federal Reserve Board Chair
Several confirmed nominees were sworn in to the Federal Reserve Board ("FRB"). The nominees included:
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Jerome H. Powell for a second term as Chair of the FRB. Mr. Powell's new term as Chair ends on May 15, 2026, and his term as a member of the Board ends on January 31, 2028.
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Lael Brainard as Vice Chair of the FRB. Dr. Brainard's term as Vice Chair ends on May 15, 2026, and her term as a Board member ends on January 31, 2026.
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Lisa D. Cook as a member of the FRB. Dr. Cook's term expires on January 31, 2024.
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Philip N. Jefferson as a member of the FRB. Dr. Jefferson's term expires on January 31, 2036.