United States Federal Reserve Board Vice Chair Lael Brainard has been chosen to be the director of the National Economic Council, making her President Joe Biden’s top economic adviser, according to me...
Tag: Brainard
Fed Governor Lael Brainard sees high rates ahead even with progress on inflation
Lael Brainard, vice chair of the US Federal Reserve, during a University of Chicago Booth School of Business event in Chicago, Illinois, US, on Thursday, Jan. 19, 2023. Jim Vondruska | Bloomberg | Ge...
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire...
Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes
Lael Brainard, vice chair of the US Federal Reserve, listens to a question during an interview in Washington, DC, US, on Monday, Nov. 14, 2022. Andrew Harrer | Bloomberg | Getty Images Federal Reserve...
Fed Vice Chair Brainard warns against retreating from inflation fight prematurely
U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower Executive Office Building’s ...
Fed’s Brainard sees further rate hikes, restrictive policy for ‘some time’
Federal Reserve Vice Chair Lael Brainard said Wednesday that while a small drop in inflation is welcome, the Fed will still need to raise interest rates further and for as long as it takes to bring do...
Fed Vice Chair Brainard vows ‘we are in this for as long as it takes’ to stop inflation
Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most. That will mean more interest rate increases and ...
U.S. stock futures edge higher ahead of key speech from Fed’s Brainard
U.S. stock futures inched higher Wednesday, ahead of a key speech from Federal Reserve Vice Chair Lael Brainard and the release of the latest Fed-compiled look at the U.S. economy. What’s happening Fu...
Federal Reserve’s FedNow payments system will be live within a year, says Brainard
The Federal Reserve is getting closer to delivering its much-anticipated instant payments system, FedNow. In a virtual speech on August 29, Fed Vice Chair Lael Brainard announced: “We will be r...
Fed’s Brainard Calls for Sound Regulation of Crypto Financial System to Be Established ‘Now’ – Regulation Bitcoin News
Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnecte...
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday. Crypto has the same basic risk...
US Fed Vice Chairwoman Brainard Doesn’t Like What She’s Seeing in Crypto
“We have seen crypto trading platforms and crypto lending firms not only engage in activities similar to those in traditional finance without comparable regulatory compliance, but also combine activit...
Fed Vice Chair Lael Brainard says it’s ‘very hard to see the case’ for the Fed pausing rate hikes
Federal Reserve Vice Chair Lael Brainard said Thursday that it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon. Though she stressed that Fed po...
How far Fed Vice Chair Lael Brainard is right saying CBDC and Stablecoin can co-exist together?
Both CBDC and stablecoins are meant to be two different yet assets with the same goal to elevate the financial transaction and digitalize the economy. Vice Chairperson of the United States Federal Res...
Fed Vice Chair Brainard defends CBDCs against Republican attacks in first hearing since confirmation
“America can’t be left behind,” said Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, opening a May 26 hearing on a US central bank digital currency. The virtual hearing fea...
Brainard tells House committee about potential role of CBDC, future of stablecoins
United States Federal Reserve vice chair Lael Brainard submitted a written statement in advance to the Financial Services Committee’s virtual hearing, “On the Benefits and Risks of a U.S. ...
US Senate confirms Lael Brainard as Fed vice chair
After weeks of delays due, in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member of the Federal Reserve’s board of governors, as ...
Senate Confirms Lael Brainard As Fed’s New Vice Chair. Here’s What We Know.
Topline The Senate on Tuesday confirmed President Joe Biden’s appointment of Federal Reserve Gov. Lael Brainard as the central bank’s vice chair, elevating one of the Fed’s most outspoken climat...
Heed warnings from Fed’s Brainard and sell some stocks
Investors should take Federal Reserve Governor Lael Brainard’s inflation policy comments to heart and sell some holdings, CNBC’s Jim Cramer said Tuesday. “This is not a sell everythi...
Fed’s Brainard sees balance sheet reduction soon and ‘at a rapid pace’
Lael Brainard, Federal Reserve governor and President Bidens nominee to be the new vice-chair of the Federal Reserve, speaks during her nomination hearing with the Senate Banking Committee on Capitol ...
Fed’s Brainard Mentions Use-Cases for a US CBDC
While so far, the US Federal Reserve doesn’t know whether it will issue its own central bank digital currency (CBDC), Lael Brainard, Federal Reserve Board Governor, on Friday highlighted several reaso...
Lael Brainard Says Inflation Is ‘Too High.’ She’s Open to a Rate Hike in March.
Text size Lael Brainard Jim Watson/AFP/Getty Images Cutting down inflation will be the Federal Reserve’s most important task for the foreseeable future, Fed Gov. Lael Brainard said at her confirmation...
Lael Brainard, picked for No. 2 Fed spot, pledges to use ‘powerful tool’ on inflation
Lael Brainard, President Joe Biden’s pick for the number two spot at the nation’s central bank, said the Federal Reserve stands ready to quell inflation through higher interest rates. “We do have a po...