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Biden will nominate Fed’s Singh deputy national security adviser

Biden will nominate Fed's Singh deputy national security adviser

Biden speaks at the White House (Getty)

According to the latest news from Reuters, the Federal Reserve Bank of New York said on the 5th local time that U.S. President Biden chose Fed’s Singh, the head of the agency’s marketing team, as a senior assistant for international economic affairs.

On the same day, the Federal Reserve Bank of New York said that Fed’s Singh would leave the Federal Reserve Bank of New York in mid-February to serve as Biden’s deputy national security adviser and deputy director of the National Economic Council, mainly responsible for policy formulation and diplomacy.

The report said that Bloomberg was the first to report the news, and the White House has not commented yet.

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