Tag: Brainard, Lael

Brainard Pitches Biden’s Economic Efforts In Hard-Hit Regions

President Biden’s top economic adviser will argue on Monday that the administration is engineering a revival of economically disadvantaged communities across the nation, largely relying on anecdotal evidence and patterns of new federal spending in places like Eastern Pennsylvania and Milwaukee, Wis. Lael Brainard, who heads Mr. Biden’s National Economic Council, will use a speech […]

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Crypto’s Wild D.C. Ride: From FTX at the Fed to a Scramble for Access

Cryptocurrency lobbyists were riding so high in early 2022 that an FTX executive felt comfortable directly emailing Jerome H. Powell, the chair of the Federal Reserve, to ask him to meet with Sam Bankman-Fried, the soon-to-be-disgraced founder of the cryptocurrency exchange. It worked. “The day that would work for me is February 1,” Mr. Powell […]

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