Senate action on two Fed nominations – vice chair, member – expected early this week, with chair, another member maybe considered later

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.

Senate Executive Calendar: Monday, April 25

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