US President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard to the White House's top economic policy position as early as Tuesday, a source familiar with the matter said.
OFFICIAL WHITE HOUSE PHOTO BY ADAM SCHULTZ
In addition, Biden confidant Jared Bernstein is expected to replace Cecilia Rouse as chair of the Council of Economic Advisers, the source said.Bloomberg News first reported the changes. “Under normal circumstances, I would have thought that her advice to Biden would be very pro stimulus,” he said.
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