White House reportedly likely to nominate economist Philip Jefferson for a Fed board seat, according to sources cited by Bloomberg's Jacobs

Via Twitter

Analysis details (22:18)

• This comes as sources suggested Atlanta Fed's Bostic, Duke University's Raskin and Former CFPB Director Cordray as top contenders for the Vice Chair job.

Background (Via Swarthmore)

• Philip Jefferson, a former research economist at the Federal Reserve Board, teaches courses on econometrics and poverty and inequality. His recent research has delved into such issues as the role of education as a buffer against unemployment, the effect of business cycles on poverty rates, and the distribution of income between labor and capital.


• Jefferson, whose research has been funded by the National Science Foundation and who served as president of the National Economic Association, can also provide expert commentary on the Federal Reserve and the monetary policy making process.


• Jefferson has held visiting appointments at the Federal Reserve Bank of New York and the University of California. Before coming to Swarthmore, he taught at Columbia University and the University of Virginia. He holds a B.A. in economics from Vassar College and an M.A. and Ph.D. in economics from the University of Virginia.

03 Jan 2022 - 22:15- Fixed Income- Source: Twitter