 "Joe Biden")
U.S. President Joe Biden has picked former Federal Reserve Governor Sarah Bloom Raskin for the Fed's key regulatory post and two Black economists - Lisa Cook and Philip Jefferson - to serve on its board in what would represent a landmark demographic overhaul of the world's most powerful central bank.
The White House sent the nominations to the Senate late on Thursday, according to a source familiar with the process.
The appointments would fill out the ranks of a seven-member panel that wields tremendous influence over the U.S. economy and would make the Fed's top leadership the most diverse by
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