Brainard, Lael
Senate Republicans Stall Crucial Vote on Fed Nominees
President Biden’s plans to reshape the Federal Reserve suffered a setback on Tuesday as Republicans delayed a key vote on his five nominees for its Board of Governors. Republicans did not show up for a committee decision that would have advanced the nominees to the full Senate for a confirmation vote. Because a majority of […]
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Biden Bets Big on Continuity at the Fed
In the end, President Biden bet that the leaders of the Federal Reserve could finish what they started. Jerome Powell, who will be reappointed Monday as head of the central bank, and Lael Brainard, a Fed governor newly nominated to be his No. 2, had steered the economy from the depths of the pandemic to […]
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