Fed’s Brainard in running to be White House economic czar, sources say

Published by
Reuters

By Trevor Hunnicutt and Lindsay Dunsmuir WASHINGTON (Reuters) -Federal Reserve Vice Chair Lael Brainard is a contender for the White House’s top economic policy position, joining a list that includes Deputy Treasury Secretary Wally Adeyemo and Commerce Secretary Gina Raimondo, two people familiar with the process said on Wednesday. Brainard is currently in the number two slot at the U.S. central bank, where she commands an influential role over monetary policy and regulation as the Fed battles to bring down high inflation. President Joe Biden is searching for a replacement for National Economi…

Read More

Leave a Reply