[Congressional Record Volume 168, Number 79 (Wednesday, May 11, 2022)]
[Senate]
[Pages S2443-S2444]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



                 Nomination of Philip Nathan Jefferson

  Mr. BROWN. Madam President, I urge my colleagues to vote for Dr. 
Philip Jefferson.
  Dr. Philip Jefferson is one of the country's leading thinkers on the 
economics of poverty, and he will be a key voice on the Fed as it 
tackles inflation. He is the vice president for academic affairs, dean 
of faculty, and a Paul B. Freeland professor of economics at Davidson 
College. He will serve alongside Dr. Cook. It will mark the first time 
ever that two Black Governors will have served on the Board at the same 
time. Dr. Jefferson grew up here in Washington in the shadow of RFK 
Stadium. His first job out of school was to work at the Federal 
Reserve. He literally wrote the book on the economics of poverty.
  He was voted out by the presiding officers of my Banking, Housing, 
and Urban Affairs Committee, unanimously, on a strong bipartisan vote. 
He will fiercely guard the Fed's independence.
  I urge my colleagues to vote for Dr. Philip Jefferson for the Federal 
Reserve.

[[Page S2444]]