Tag Archives: Lael Brainard

After weeks of delays due in part to Republican obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member of the Federal Reserve’s board of governors, as the next vice chair of the central bank. In a 52–43 vote on the Senate floor on Tuesday, lawmakers …

U.S. Federal Reserve officials signaled last week that the central bank could start raising interest rates in March as U.S. annual inflation surged to an almost 40-year high in December. “Inflation is too high, and working people around the country are concerned about how far their paychecks will go,” Fed …

President Joe Biden is nominating Jerome Powell to a second four-year term as Federal Reserve Chair, the White House said in a statement on Monday. Biden also said he would nominate Lael Brainard, the lone Democrat on the Fed’s Board of Governors and the person who had been considered a …