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Lael Brainard

The debt limit is not a tool for "extortion," Biden adviser Lael Brainard says

by Kai Ryssdal , Sean McHenry and Sarah Leeson
Apr 26, 2023
The new head of the National Economic Council on inflation, supply chains, jobs and post-SVB bank regulation.
The investing in America agenda “is transformative," Lael Brainard says. "It has the power to reindustrialize the U.S. economy."
Drew Angerer/Getty Images
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The Fed's Lael Brainard is leaving monetary policy for fiscal policy

by Stephanie Hughes
Feb 14, 2023
It takes a versatile person to go from setting interest rates to setting an economic agenda, one expert says.
Economist Lael Brainard will be the next director of the National Economic Council, the White House announced Tuesday.
Drew Angerer/Getty Images
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Economic Pulse

The argument against the Fed creating a central bank digital currency

by David Brancaccio , Alex Schroeder and Rose Conlon
Jun 2, 2022
“It's hard to find a clear reason to have [a CBDC], and, in fact, there are a lot of reasons not to,” says the Roosevelt Institute’s Chris Hughes.
“It's hard to find a clear reason to have [a CBDC], and, in fact, there are a lot of reasons not to,” said the Roosevelt Institute’s Chris Hughes.
Mladen Antonov/AFP via Getty Images
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Biden seeks to keep Powell in place, elevate Brainard at Federal Reserve

by Sabri Ben-Achour
Nov 22, 2021
Brainard will be nominated for vice chair. The two officials typically agree on monetary policy but sometimes diverge on regulation.
President Joe Biden names Jerome Powell, left, as his nominee for Federal Reserve chair and Lael Brainard, right, as vice chair.
Jim Watson/AFP via Getty Images
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Government shutdown 2019

Fed Gov. Lael Brainard on the longest shutdown in history

by Kai Ryssdal and Sean McHenry
Jan 18, 2019
The economy has been "pretty healthy," she says, but the shutdown is one of the downside risks the Fed is watching.
"Every time that the economy gets to a shutdown or a debt limit, you really do sense that desire from Americans across the country for the government to function well, and to be predictable, and I think that's what we're seeing today. People want to go back to work. They want to get their paychecks. This is affecting communities all over the country," said member of the Federal Reserve Board of Governors Lael Brainard.  
Stuart Isett/Fortune
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