National

topics

politics-policy

epstein-files

donald-trump

2026-midterm-elections

immigration

behind-the-curtain

race-and-equity

technology

privacy-tech-regulation

automation-and-ai

tiktok-news

big-tech

social-media

cybersecurity

economy

social-security

inflation

tariffs

federal-reserve

jobs

transportation

business

stock-market-news

retail-news

crypto

media

elon-musk

dealmaking

health

rfk-jr

drug-prices

axios-explains-abortion

public-health

world

israel

axios-explains-ukraine

iran

russia

china

energy-climate

nuclear-energy

climate-energy-policy

climate-change

extreme-weather

alternative-energy

electric-vehicles

science

emerging-tech

biomedicine

newsletters

pittsburgh

atlanta

san-diego

charlotte

boulder

washington-dc

kansas-city

dallas

denver

detroit

des-moines

austin

boston

chicago

cleveland

columbus

houston

indianapolis

miami

nashville

new-orleans

nw-arkansas

philadelphia

phoenix

portland

richmond

salt-lake-city

san-antonio

san-francisco

seattle

tampa-bay

twin-cities

raleigh

huntsville

colorado-springs

axios-local

axios-pro

axios-live

the-axios-show

Macro

Axios Macro

President Trump will nominate Nellie Liang, a 31-year Federal Reserve alum, to fill a vacant seat on the board of Fed Governors, the Wall Street Journal reports.

Why it matters:  Liang's nomination is the last needed to fill 3 vacancies on the Fed's 7-seat board. The other two nominees — Michelle Bowman and Marvin Goodfriend — have yet to be confirmed by the Senate.

Report: Trump to pick Nellie Liang as Fed governor

There are currently 3 vacant seats on the Fed's board of governors.

Outside of the Eccles Building, which houses offices of the Board of Governors of the Federal Reserve System

The Eccles Building, location of the Fed's Board of Governors. Photo by Brooks Kraft/Getty Images

Business

Federal Reserve

President Trump will nominate Nellie Liang, a 31-year Federal Reserve alum, to fill a vacant seat on the board of Fed Governors, the <a class="gtmContentClick" data-vars-link-text="Wall Street Journal reports" data-vars-click-url="https://www.wsj.com/articles/trump-to-nominate-former-fed-economist-nellie-liang-for-board-seat-1537392151?mod=breakingnews" data-vars-content-id="eb9e6a43-938e-49ca-9198-9f05abbb62bd" data-vars-headline="Report: Trump to pick Nellie Liang as Fed governor" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.wsj.com/articles/trump-to-nominate-former-fed-economist-nellie-liang-for-board-seat-1537392151?mod=breakingnews" target="_blank">Wall Street Journal reports</a>.Why it matters: Liang&#x27;s nomination is the last needed to fill 3 vacancies on the Fed&#x27;s 7-seat board. The other two nominees — Michelle Bowman and Marvin Goodfriend — have yet to be confirmed by the Senate.

2024 will be an election year like no other, as President Biden seeks re-election amid economic uncertainty, two wars and questions about his age. His likely foe, former President Trump, faces felony charges and vows revenge on his political enemies. Meanwhile, Americans generally are dissatisfied with those choices and are divided over immigration, race, education and more.

Politics & Policy

Report: Trump to pick Nellie Liang as Fed governor

What to read next