Federal Reserve Chair Jerome Powell on Tuesday said he would welcome the appointment of a Black woman to the Federal Reserve Board of Governors for the first time. "I would strongly agree" that a wider range of "voices" on the Fed board would enhance the central bank"s mission, Powell said in response to a question from the head of the Senate Banking Committee during a hearing. No Black woman has ever been appointed to the Fed"s seven-member board. Powell"s sentiment was echoed by Treasury Secretary Janet Yellen, who was appearing alongside the Fed chief during a hearing about the two agencies" actions during the coronavirus pandemic. "I think diversity is very important," Yellen said.