![US Senate confirms Philip Jefferson as Federal Reserve vice chair](http://news.littlecdn.com/600x360/1694020685_64f8b44d7afef3.31790555.jpeg)
US Senate confirms Philip Jefferson as Federal Reserve vice chair
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036.