[Congressional Record Volume 169, Number 142 (Tuesday, September 5, 2023)]
[Senate]
[Page S3879]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



                 Nomination of Philip Nathan Jefferson

  Mr. President, Dr. Philip Jefferson is a respected economist whose 
nomination for Vice Chair came out of our committee, the committee I 
chair--Banking, Housing, and Urban Affairs--with unanimous support. 
When he was first confirmed last year, he had wide bipartisan support 
in the Senate.
  Dr. Jefferson brings to the Fed outstanding academic credentials and 
years of strong leadership experience. He is a renowned scholar, and he 
is a leading expert in monetary policy and the economics of poverty. 
Dr. Jefferson possesses a strong understanding of how higher prices 
hurt the most economically insecure Americans and that access to good-
paying jobs is the best antidote to poverty.
  If confirmed, he will be the second Black man to serve as Vice Chair 
on the Board of Governors.