Fed Focus, and Will China and U.S. Talk This Weekend?

The past week began with the widely expected official announcement that Fed Vice Chair Lael Brainard will leave the Board to become President Biden’s director of the National Economic Council. In this position, she will be playing a key role in developing the Administration’s future economic policy.

The departure of the Vice Chair leaves an important opening at the central bank and jockeying for the position has already begun. Several Hispanic Members of Congress are suggesting that it i...

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