Senate confirms Coogler as Fed governor – first Hispanic – Bloomberg

2023-09-07 17:19:00

The U.S. Senate confirmed economist Adriana Coogler to the Federal Reserve Board (Fed) at its plenary session on Wednesday. The vote was 53 in favor and 45 against. She will be the first Hispanic policy maker in Fed history.

Mr. Coogler testifying before the Senate Banking Committee in 2023

Photographer: Anna Rose Layden/Bloomberg

On June 6, the Senate confirmed Jefferson as Fed Vice Chairman. Jefferson will be the second black vice president. He also approved a new 14-year term for Cook. Cook is the first black woman to serve on the board. She said the Biden administration emphasizes diversity in its nominations for Fed governors.

U.S. Senate approves Jefferson promotion to Fed vice chair

Coogler is a Colombian-American economist who currently serves on the US Board of Directors of the World Bank.

Original title:Kugler Confirmed as First Hispanic Federal Reserve Governor(excerpt)

 

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