tradingkey.logo

Fed's Jefferson says he has not thought about whether to stay on as governor after vice chair term ends

ReutersSep 30, 2025 11:12 AM

Sept 30 (Reuters) - U.S. Federal Reserve vice chair Philip Jefferson said on Tuesday he has not given thought yet to whether he will keep his seat on the Fed's Board of Governors after his vice chair term ends in September 2027.

The decision could influence when President Donald Trump is able to claim a majority of appointees to the central bank's 7-member governing body.

"I have not given thought to that at all. My focus is to do the job that I currently have right now to the best of my ability and to keep my focus on the economy and trying to make the best decisions with regards to monetary policy," Jefferson, an appointee of former President Joe Biden, said at an economics conference in Finland.

He was referring to whether he will keep his job as a governor, with a term that runs until 2036.

Reviewed byHuanyao Fang
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI