Lael Brainard

Lael Brainard (born January 1, 1962) is an American economist. Brainard was the 14th Director of the National Economic Council from 2023 until 2025. She was the Vice Chair of the Federal Reserve from 2022 to 2023. She was on the Federal Reserve Board of Governors from 2014 to 2023. She was the United States Under Secretary of the Treasury for International Affairs from 2010 to 2013. She is a member of the Democratic Party.

Brainard was nominated by Barack Obama to serve as the undersecretary of international affairs at the Department of the Treasury on March 23, 2009. She was sworn in on the same day on April 20, 2010. She resigned on November 8, 2013.

Brainard was nominated to the Fed board on January 13, 2014, alongside Stanley Fischer and Jerome Powell. She was confirmed by a 61-31 vote in the U.S. Senate on June 12, 2014.

President Joe Biden nominated Brainard to be the Vice Chair of the Federal Reserve on November 22, 2021. On April 26, 2022, her nomination as Federal Reserve Vice Chair was confirmed by the U.S. Senate.

In February 2023, Biden announced Brainard as his Director of the National Economic Council.

References

Category:1962 births
Category:Living people
Category:American economists
Category:Politicians from Washington, D.C.
Category:Scientists from Washington, D.C.
Category:Democratic Party (United States) politicians
Category:Politicians from Hamburg
Category:Vice Chairs of the Federal Reserve