BREAKING NEWS: Biden to pick Federal Reserve's Lael Brainard, Jared Bernstein as top economic advisers
Brainard, 61, holds a doctoral degree in economics from Harvard University. During the Clinton administration, she worked as a deputy director for the National Economic Council. She was also under secretary for international affairs at Treasury during Barack Obama's presidency. Brainard joined the Fed in 2014 as a governor and Biden nominated her to become vice chair.
President Biden speaks at a training center run by Laborers' International Union of North America, Wednesday, Feb. 8, 2023, in Deforest, Wis. The consumer price index rose 6.4% in January on an annual basis, hotter than expected, but remained steady compared to last month.
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