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Latest news with #LaelBrainard

Stocks Shrug Off Powell Rumors
Stocks Shrug Off Powell Rumors

Bloomberg

time7 days ago

  • Business
  • Bloomberg

Stocks Shrug Off Powell Rumors

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Federal Reserve Former Vice Chair Lael Brainard, Citi's Scott Chronert, Baird's David George, Prologis's Hamid Moghadam, Tether's William Quigley, Envestnet's Dana D'Auria, BD8 Capital Partner's Darbara Doran, Former Fed Governor Betsy Duke, Raymond James' Sunaina Sinha, Recognize's Charles Phillips, Wedbush Securities' Alicia Reese. (Source: Bloomberg)

The real reason Trump wants to fire the Fed chair
The real reason Trump wants to fire the Fed chair

Washington Post

time09-07-2025

  • Business
  • Washington Post

The real reason Trump wants to fire the Fed chair

Lael Brainard, a former director of the National Economic Council and vice chair of the Federal Reserve, is a distinguished fellow at Georgetown University's Psaros Center for Financial Markets and Policy and a senior fellow at Harvard Kennedy School's Mossavar-Rahmani Center. President Donald Trump has said the quiet part out loud. His threats to terminate Federal Reserve Chair Jerome H. Powell if Powell doesn't cut interest rates are motivated by one simple desire: to make it cheaper for the administration to add about $4 trillion to the federal debt.

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