Lael Brainard, the U.S. Treasury Department’s top international official, is likely to be nominated to the Federal Reserve Board, according to a person familiar with the decision who requested anonymity.
Lael Brainard, the U.S. Treasury Department’s undersecretary for international affairs, is stepping down from her post on Nov. 8, according to a Treasury official who requested anonymity to discuss personnel matters.
Development banks such as the World Bank or the African Development Bank will need to meet more stringent criteria to obtain U.S. support for coal-fired power plants abroad under new guidelines released today.
Talks between the U.S. and China next month will assess shifting fortunes of the world’s two largest economies, as America emerges from a slump and Asia’s main engine of growth confronts fresh challenges, the U.S. Treasury Department’s top international official said.
The U.S. Treasury Department’s top international official said European officials deserve credit for restoring financial stability and must shift quickly to spurring domestic demand to avert a prolonged economic slump.
The U.S. and its allies need to provide long-term support to Egypt, Tunisia and other nations undergoing political transitions, said Lael Brainard , the Treasury Department’s undersecretary for international affairs.
The Group of 20 nations must avoid currency devaluations aimed at increasing competitiveness and promote more transparency in exchange rates, the U.S. Treasury Department’s top international official said.
Countries around the world need to work more closely together on foreign exchange policies and financial supervision, said Lael Brainard , the U.S. Treasury’s undersecretary for international affairs, speaking in Washington today.