[Wosh will replace Federal Reserve Board Member Milan's seat]



BlockBeats reports that on March 5, a White House official confirmed that Kevin Wosh will take over the seat of Federal Reserve Board Member Milan. The White House has previously submitted Wosh's nomination to serve as Federal Reserve Chair to the Senate. Note: After Powell steps down as Federal Reserve Chair in May, he may still hold a seat on the Federal Reserve Board. Currently, Milan is serving as an interim board member and is considered a "placeholder," but Milan has also expressed willingness to continue serving as a board member. (Jin10)
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