On September 13, 2023, Chair Jerome H. Powell conducted the swearing-in ceremony for Philip N. Jefferson, who officially assumed the role of Vice Chair of the Board of Governors of the Federal Reserve System. For additional high-resolution photos, please follow the link provided. In the press briefing room of the Board’s Martin building, Vice Chair Jefferson was administered the oath by Chair Powell. Dr. Jefferson was nominated by President Biden on May 12, 2023, and subsequently confirmed by the United States Senate on September 6, 2023. His tenure as Vice Chair will extend until September 7, 2027, and as a Board member until January 31, 2036. The website of the Board provides access to biographies of all its members.
Read the original Federal Reserve release here.
