US Senate confirms Kugler to Fed board

Colombian-American economist becomes first Latinx governor

Federal Reserve
The Federal Reserve

The US Senate confirmed Adriana Kugler as a member of the Federal Reserve Board on September 7.

Senators voted 53-45, mostly along party lines, to approve Kugler’s candidacy. All Democratic senators present voted in favour of Kugler, but only three Republicans – Susan Collins, Lisa Murkowski and Mike Rounds. In July, Rounds was the only Republican on the Senate banking committee to support Kugler.

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