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Nov 15, 2023 · His wife, Lael Brainard, is Biden’s director of the National Economic Council. The two have three daughters, and Campbell is quick to show colleagues and friends photographs and videos.
Feb 14, 2023 · She also forms half of an administration power couple, with her husband, Kurt Campbell, serving on the National Security Council as the administration’s “Asian czar.”
- Early Life and Education
- Notable Accomplishments
- Director of The National Economic Council
- The Bottom Line
The child of an American diplomat, Brainard grew up in East Germany and Poland during the Cold War. She received a B.A. with university honors from Wesleyan University in 1983. She received an M.S. and a Ph.D. in economics in 1989 from Harvard University. She was awarded a National Science Foundation Fellowship and a White House Fellowship.
Prior to joining the FRB, Brainard was undersecretary of the U.S. Department of the Treasury from 2010 to 2013 and counselor to the secretary of the Treasury in 2009. During this time, she also was the U.S. representative to the Group of 20 (G-20) Finance Deputies and the Group of Seven (G-7)Deputies, and a member of the Financial Stability Board. ...
In mid-February 2023, President Biden named Brainard to head the White House’s economic policy team as director of the National Economic Council. She succeeded Brian Deese in this role. Brainard is viewed as less restrictive on monetary policy than some of her Fed colleagues at a time when the Biden administration is hoping to control inflation, wh...
With Brainard now occupying the chief economic advisor position in the White House, it remains to be seen how she will help to guide and implement President Biden’s economic agenda. Brainard is viewed as being more dovish than Powell, meaning she is less concerned about inflation and less likely to support an increase in interest rates.
- Mark Kolakowski
Nov 22, 2021 · Biden's decision to nominate Lael Brainard is thought to be the work of progressives, who say she'll put emphasis on climate change and equitability.
Feb 14, 2023 · The intrigue: Brainard’s husband, Kurt Campbell, serves as Biden’s so-called Asia Czar on the National Security Council, a highly influential role where he coordinates policies across the U.S. government, as well as the international date line.
- Hans Nichols
Feb 14, 2023 · Federal Reserve Vice Chair Lael Brainard has been tapped to take over the White House’s National Economic Council, stepping into a new political role that will be instrumental in carrying out...
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Nov 9, 2020 · BY Emma Hinchliffe. President-elect Biden is starting to assemble his cabinet, and Democrats are angling to influence who he will choose for the positions. One leading candidate for the...
