Lael Brainard may be leaving the Fed for a top economic position in the presidential administration.
United States Federal Reserve Board Vice Chair Lael Brainard has been chosen to be the director of the National Economic Council, making her President Joe Biden’s top economic adviser, according to media reports. In her new position, Brainard will oversee the implementation of the Biden administration’s multibillion-dollar economic agenda, which includes the Bipartisan Infrastructure Law and the CHIPS and Science Act.
Brainard will replace Brian Deese, who is expected to leave the position before the end of the month. Her appointment comes as the Biden administration is facing challenging economic conditions, with a looming debt limit and the Fed struggling to rein in inflation. Brainard was considered an inflation “dove” at the Fed, advocating for moderation as the Fed raised interest rates.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Biden to name Fed's Lael Brainard to lead National Economic CouncilPresident Joe Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S....
Weiterlesen »
Biden picks Fed's Lael Brainard for National Economic CouncilJUST IN: Biden has selected Lael Brainard, currently the Fed's vice-chair, to replace Brian Deese as the National Economic Council director.
Weiterlesen »
Biden to name Fed's Lael Brainard as top economic adviser - sourceU.S. President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard to the White House's top economic policy position as early as Tuesday, a source familiar with the matter said on Monday.
Weiterlesen »
Biden picks Lael Brainard, top Fed official, to run economic teamBiden will appoint Lael Brainard, a top official at the Federal Reserve, to lead the White House economic team as director of the National Economic Council, according to two people familiar with the matter.
Weiterlesen »
Lael Brainard Set to Lead White House National Economic CouncilThe Fed’s Lael Brainard is set to be named Biden’s National Economic Council director, people familiar with the matter say, at a delicate time for the economy
Weiterlesen »