Philip Jefferson

Vice Chair of the Federal Reserve

Philip Nathan Jefferson is an American economist who served as a member of the Federal Reserve Board of Governors since 2022. He was previously vice president for academic affairs, dean of the faculty, and Paul B. Freeland professor of economics at Davidson College, Centennial Professor of Economics at Swarthmore College, a research economist for the Federal Reserve, and a professor at Columbia University. President Biden nominated him to serve as a member of the Board of Governors of the Federal Reserve System in January 2022. He became the fourth Black man to sit on the Federal Reserve's Board after the Senate confirmed his nomination on May 11, 2022. He was sworn in on May 23, 2022.