FSP Applauds Historic Confirmations to the Board of Governors of the Federal Reserve

Washington, D.C., — Financial Services Professionals (FSP) released the following statement on
the Senate confirmations of Dr. Philip Jefferson, Dr. Lisa Cook, and Dr. Adriana Kugler to
the Federal Reserve Board of Governors:

“FSP applauds the historic Senate confirmations of three preeminent economists to the Board of
Governors of the Federal Reserve. The expertise and unique perspective of these newly
confirmed Governors will benefit the Federal Reserve as it tackles higher commodity prices,
consumer anxiety, and quixotic interest rate movements. We welcome Dr. Jefferson in his new
role as Fed Vice-Chair, Dr. Cook’s renomination, after serving out the term of Treasury
Secretary Janet Yellen, and Dr. Kugler’s nomination as the first Latina in the Federal Reserve’s
109-year history.”

FSP is committed to diversity and inclusion and looks forward to continuing to work with the
Biden-Harris Administration as they fill critical roles in finance, asset management, economics,
and related fields.

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About Financial Services Professionals
Financial Services Professionals is a non-partisan independent, volunteer association founded to
enrich the careers of its members by sharing the resources of a broad network of professionals in
the financial services industry and advancing diversity in the financial services industry.

Link to official press release: FSP_Applauds_Confirmations_Board_Governors_Federal_Reserve_9_8_23.pdf

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