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Vosh will replace Federal Reserve Board member Milan's seat
Mars Finance reports that on March 5th, a White House official confirmed that Kevin Wash will replace Milan in the Federal Reserve Board. The White House has previously submitted Wash’s nomination for Federal Reserve Chair to the Senate. Note: Since Powell may still hold a Federal Reserve Board seat after stepping down as Chair in May, Milan, who is currently serving as an interim director, is considered a “placeholder,” but Milan has also expressed willingness to continue serving as a director. (Jin10)