President Biden commended Justice Stephen G. Breyer for his nearly 28 years on the bench, and said his pick for the vacancy 'will be the first Black woman ever nominated to the United States Supreme Court.'
Justice Stephen G. Breyer, the senior member of the Supreme Court's three-member liberal wing, has spent almost 28 years on the bench. President Biden has pledged to nominate a Black woman to fill the vacancy.
Investors are focused on the Federal Reserve's next move, following the Fed's first policy-setting meeting of the year, as the central bank rushes to pull back its support for the economy and shifts to tacking inflation.
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