Lael Brainard

Lael Brainard
Lael Brainard
22nd Vice Chair of the Federal Reserve
	Incumbent
	Assumed office ; May 23, 2022
President	Joe Biden
Preceded by	Richard Clarida
Member of the Federal Reserve Board of Governors
	Incumbent
	Assumed office ; June 16, 2014
President	Barack Obama; Donald Trump; Joe Biden
Preceded by	Elizabeth Ashburn Duke
Under Secretary of the Treasury for International Affairs
	In office; April 20, 2010 – November 8, 2013
President	Barack Obama
Preceded by	David McCormick
Succeeded by	Nathan Sheets
Personal details
Born	January 1, 1962; Hamburg, West Germany (present-day Germany)
Political party	Democratic
Spouse(s)	Kurt M. Campbell (m. 1998)
Children	3
Education	Wesleyan University (BA); Harvard University (MA, PhD)

Lael Brainard (born January 1, 1962) is an American economist. Brainard is the Vice Chair of the Federal Reserve since 2022. She has been on the Federal Reserve Board of Governors since 2014. 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.[1] She was sworn in on the same day on April 20, 2010.[2] She resigned on November 8, 2013.[3]

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.[4]

President Joe Biden nominated Brainard to be the Vice Chair of the Federal Reserve on November 22, 2021.[5] On April 26, 2022, her nomination as Federal Reserve Vice Chair was confirmed by the U.S. Senate.[6]

References

"President Obama Announces Additional Treasury Department Nominations". The White House. Retrieved 2020-11-20.
"PN224 - Nomination of Lael Brainard for Department of the Treasury, 111th Congress (2009-2010)". www.congress.gov. 2010-04-20. Retrieved 2020-11-20.
"Dow Jones". Dow Jones. Retrieved 2020-11-20.
"PN1344 - Nomination of Lael Brainard for Federal Reserve System, 113th Congress (2013-2014)". www.congress.gov. 2014-06-12. Retrieved 2020-11-20.
"US President Biden to Keep Powell as Chair, Elevates Lael Brainard to Serve as Vice Chair". Sovereign Wealth Fund Institute. Retrieved November 11, 2021.
Rugaber, Christopher (April 26, 2022). "Brainard wins Senate confirmation to be Fed's vice chair". Associated Press. Retrieved April 26, 2022.

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[1] "President Obama Announces Additional Treasury Department Nominations". The White House. Retrieved 2020-11-20.

[2] "PN224 - Nomination of Lael Brainard for Department of the Treasury, 111th Congress (2009-2010)". www.congress.gov. 2010-04-20. Retrieved 2020-11-20.

[3] "Dow Jones". Dow Jones. Retrieved 2020-11-20.

[4] "PN1344 - Nomination of Lael Brainard for Federal Reserve System, 113th Congress (2013-2014)". www.congress.gov. 2014-06-12. Retrieved 2020-11-20.

[SWFI-5] "US President Biden to Keep Powell as Chair, Elevates Lael Brainard to Serve as Vice Chair". Sovereign Wealth Fund Institute. Retrieved November 11, 2021.

[nominationconfirmed-6] Rugaber, Christopher (April 26, 2022). "Brainard wins Senate confirmation to be Fed's vice chair". Associated Press. Retrieved April 26, 2022.