Although some reports claims that President Joe Biden might nominate Austan Goolsbee as the vice chairman of the Federal Reserve, White House press secretary Karine Jean-Pierre clearly has other ideas. When asked during a press briefing about whether the president is considering “diversity” when considering with whom to replace outgoing Vice Chairwoman Lael Brainard, Jean-Pierre promised that “diversity and representation is really important to this president.”

“The president’s going to look at a highly diverse group of world-class economists just as we did for the previous Fed nominations, so we’re going to continue that process,” Jean-Pierre said.