Philip Jefferson — SPARQNOW

At-a-Glance

Serves as 23rd Vice Chair of the Federal Reserve since September 2023
Member of the Federal Reserve Board of Governors since 2022
Formerly Vice President for Academic Affairs, Dean of Faculty, and Professor of Economics at Davidson College
Served as a professor at Columbia University and Swarthmore College
Formerly served as a research economist at the Federal Reserve
Became the fourth Black man to serve on the Federal Reserve Board

Biography

Philip Nathan Jefferson is the 23rd Vice Chair of the Federal Reserve, a position he has held since September 2023. He has been a member of the Federal Reserve Board of Governors since 2022, following his nomination by President Joe Biden in January 2022 and confirmation by the Senate in May 2022. Upon taking office, he became the fourth Black man to serve on the board.

Prior to his service on the Federal Reserve Board, Jefferson held several academic roles.