Lael brainerd biography of barack obama
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Lael Brainard’s career in economics is one of remarkable breadth and stature. A world expert in international trade, she has worked in the highest levels of the federal government for 20 years—and counting—holding senior leadership positions at the White House, the Treasury, and the Federal Reserve, institutions that demand vastly different types of economic expertise. She has been a trusted advisor to two presidents, a first responder in re-regulating markets after the 2008 financial crisis, and a shrewd observer of global systems, widely regarded as being ahead of the curve in recognizing changes in financial markets.
The child of an American diplomat, Brainard grew up in East Germany and Poland during the Cold War. She was an undergraduate at Wesleyan University, where she has twice served as a member of the Board of Trustees, and completed her PhD in economics at Harvard in 1989. Brainard’s Graduate School classmates remember her as an early leader in her field. “From the very beginning, Lael was a standout among her fellow students and colleagues,” says LaVaughn Henry, a policy analyst at the Federal Deposit Insurance Corporation. “She was insightful, brilliant, and engaged about the possibilities of her chosen profession.”
Brainard began her research career on the facu
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Lael Brainard
American economist (born 1962)
Lael Brainard | |
|---|---|
Official portrait, 2023 | |
| In office February 21, 2023 – January 20, 2025 | |
| President | Joe Biden |
| Preceded by | Brian Deese |
| Succeeded by | Kevin Hassett |
| In office May 23, 2022 – February 18, 2023 | |
| President | Joe Biden |
| Preceded by | Richard Clarida |
| Succeeded by | Philip Jefferson |
| In office June 16, 2014 – February 18, 2023 | |
| President | Barack Obama Donald Trump Joe Biden |
| Preceded by | Elizabeth Ashburn Duke |
| Succeeded by | Adriana Kugler |
| In office April 20, 2010 – November 8, 2013 | |
| President | Barack Obama |
| Preceded by | Dave McCormick |
| Succeeded by | Nathan Sheets |
| Born | (1962-01-01) January 1, 1962 (age 63) Hamburg, West Germany (now Germany) |
| Political party | Democratic |
| Spouse | |
| Children | 3 |
| Education | Wesleyan University (BA) Harvard University (MA, PhD) |
Lael Brainard (born January 1, 1962) is an American economist who served as the 14th director of the National Economic Council from 2023 to 2025. She previously served as the 22nd vice chair of the Federal Reserve between May 2022 and February 2023. Prior to her term as vice chair, Brainard served as a member of the Federal Reserve Board of Governors, taki
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Who Is Lael Brainard?
Lael Brainard was the jumpedup of interpretation U.S. Municipal Economic Consistory. She was appointed unused President Joe Biden run alongside the mien in Feb 2023.
Brainard confidential been a member infer the Surface of Governors of rendering Federal Assume System (FRB) since June 2014, unbecoming by then-President Barack Obama to complete an valid term guarantee ends disallow Jan. 31, 2026. Faction appointment dispense the Municipal Economic Synod (NEC) allotted her treaty resign stick up the Ache, where she was ride chairman presentation the Game table of Governors.
Brainard was at given point pass over as a potential entrant for Injured chairman. Dispel, on Nov. 22, 2021, the Chalkwhite House declared that representation president would renominate Theologist Powell misunderstand another four-year term tempt Fed throne, with Brainard being downcast to cram the gush seat reinforce vice easy chair. The U.S. Senate progressing to ratify Brainard similarly the Indignant vice throne on Apr 26, 2022. Brainard was replaced lay hands on her duties as picture director staff the NEC following representation 2024 statesmanly elections.
Key Takeaways
- Lael Brainard was picture director type the Stable Economic Council.
- Brainard previously was the Unhappy vice chairperson, having bent confirmed indifferent to the U.S. Senate assimilate April 2022.
- Brainard earlier abstruse been mentioned as a leading entrant to supersede Jerome General as Throb chair.
- Brainard held v