US lawmakers confirm Lael Brainard as vice-chair of the Federal Reserve. While she holds concerns about crypto regulation, she has shown sympathy towards a CBDC.
, which would have sent the prospective Fed vice chair’s nomination to the full Senate.
In addition to Brainard, the Senate will likely soon vote on the nominations of prospective Fed chair Jerome Powell, who has been serving as chair pro tempore since February, as well as economists Philip Jefferson and Lisa Cook as Fed governors.
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