Confirmation of two nominees for positions on the Federal Reserve Board may be considered early this week under a schedule set by the Senate majority leader.
Under the Senate’s Executive Calendar for Monday, the Senate is scheduled to begin consideration of the nominations of Lael Brainard for a four-year term as vice chair of the Fed Board and of Lisa DeNell Cook as a member of the board for the remainder of a 14-year term that began Feb. 1, 2010 (so, essentially, until 2024).
A vote, however, may not come until Tuesday.
Meanwhile, consideration of confirmation of Jerome H. (“Jay”) Powell for another four-year term as Fed Board chair is reportedly to come before the Senate by the end of this week. Also expected this week: confirmation consideration of Philip N. Jefferson for a 14-year term that would expire in January 2036.