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ABA: The American Bankers Association
Statement
  • For Immediate Release
  • May 12, 2023

ABA Statement on Federal Reserve Nominations

“ABA congratulates Federal Reserve Board Governor Philip Jefferson and Dr. Adriana Kugler on their historic nominations. Both nominees would bring significant experience and valuable perspective to their new roles on the board, which we have long believed benefits from having governors with diverse backgrounds and viewpoints. We look forward to learning more about their views on monetary and regulatory policy as the confirmation process moves forward.”

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $23.9 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $18.8 trillion in deposits and extend $12.5 trillion in loans.

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