President Joe Biden has nominated three individuals to fill empty seats on the Federal Reserve Board.
One has been confirmed to the board before and would serve as the vice chair for supervision, and the other two would be governors. They join two others who have been nominated for the board: Jerome Powell, the chair who has been nominated for a second term, and Lael Brainard, who was nominated to serve as vice chair of the board.
For more details on the new nominees, read on.