Why Lael Brainard could be Bidens Fed chair, replacing Jerome Powell – The Washington Post

In fact, a year ago, some liberal groups campaigned against Brainard when she was in the running to become Biden’s treasury secretary, arguing, in part, that Brainard was too moderate. Then again, a Fed nominee who is much further to the left would face an even tougher confirmation battle in a Senate split 50-50, Fed watchers say.

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