Cautious on rates, strong on climate action – meet Lael Brainard, Biden's new pick at the US Federal Reserve
- Written by Richard Holden, Professor of Economics, UNSW
Susan Walsh/APOther than a Supreme Court justice, perhaps the most important appointment a US President makes is the chair of the Federal Reserve. And unlike federal judges, the chair of the Fed is appointed (or reappointed) every four years.
Joe Biden has faced the same conundrum as a parade of predecessors – whether to reappoint a chair...
