Lael Brainard Named Top White House Economist as Biden Reshapes Economic Team

Lael Brainard Named Top White House Economist as Biden Reshapes Economic Team
Federal Reserve board member Lael Brainard at the White House in Washington, on Nov. 22, 2021. Kevin Lamarque/Reuters
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Federal Reserve Vice Chair Lael Brainard will step down from her position and serve as President Joe Biden’s top economist, the White House said on Feb. 14.

Brainard will serve as the new head of the National Economic Council (NEC), succeeding Brian Deese, who recently announced his resignation.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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