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White House says nomination to fill Fed vacancy will come in ‘near future’

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March 3, 2023
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The White House is planning to make a nomination for vice chair of the Federal Reserve in the “near future,” press secretary Karine Jean-Pierre said Thursday, without giving more details on timing. Names of possible replacements for Lael Brainard as vice chair have begun to emerge in Washington, with top names including Karen Dynan, a former Treasury official and Fed staffer, and Janice Eberly, another former Treasury official. Brainard this week assumed her new role as President Joe Biden’s National Economic Council director.

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