Saturday, November 30, 2013

No More Brainards At Treasury

Not since the last guy left.

"Lael Brainard, the country’s top financial diplomat, is leaving her post at the end of the week, a Treasury official said. Some have speculated that the White House might choose her for a position on the Federal Reserve’s board of governors. Brainard is also well acquainted with the White House’s nominee for Fed chairwoman, Janet L. Yellen. The two have worked together in the last few years, as the Treasury and the Fed tackled the fallout from the recession."

RelatedPicking Obomber's Brainard

Also seeSenate panel advances Janet Yellen’s bid to lead Fed

At least she's a dove, as if that were the problem and not the entire scheme she will be leading.