He is the Kenneth C. Griffin Distinguished Service Professor at the University of Chicago and was recently named chief economist of Walmart.
If confirmed, the Sidley Austin senior partner will lead the European Bank for Reconstruction and Development in London.
He was previously chair of the economics division at Columbia Graduate School of Business.
Wu is a key architect of the Biden administration’s sweeping executive order on antitrust regulation.
She started work in the interim role on August 1.
The Fed is looking for academics and industry experts to join its regulatory committee on insurance.
The finance professor’s research has focused on the analysis of exchange rate dynamics and global capital flows.
He takes up the tenure track appointment on Aug. 15.
Low joins from the University of Missouri, where she was an associate professor and also held the Fred V. Heinkel chair in agriculture.
During his tenure at the central banking system, Michael S. Barr will take an unpaid leave of absence but retains his academic appointments.