Brainard’s Nomination Promotes a Close Powell Ally on Fed Innovations

brainards nomination promotes a close powell ally on fed innovations

Sumary of Brainard’s Nomination Promotes a Close Powell Ally on Fed Innovations:

  • President Biden’s decision to nominate Lael Brainard to become Federal Reserve vice chairwoman elevates a veteran policy maker and economist who has been a strong ally of Chairman Jerome Powell on the central bank’s boldest policy decisions during the pandemic.

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