Items Tagged with 'Lael Brainard'

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  • Fed governor donates to Clinton campaign

    Unusual move raises eyebrows in contentious election year
    A recent move by Federal Reserve Governor Lael Brainard to donate to Democratic presidential frontrunner Hillary Clinton puts the Fed in a position to be criticized in this contentious election year. While Fed officials do identify with major political parties, donations to a presidential candidate by senior policy makers are unusual.
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  • Hedge Fund Manager Quits Race for TARP Role

    The Treasury Department saw yet another candidate drop out of the race to fill top positions. Hedge fund manager Frank Brosens has withdrawn his name from consideration for a leading position to head the Treasury's Troubled Asset Relief Program, sources told the Wall Street Journal. Co-founder of Taconic Capital Advisors, Brosens campaigned for President Barack Obama and is a major donor to the Democratic Party.
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  • Obama Nominates Three to Treasury

    President Barack Obama late Monday announced three nominations for key roles to serve under Treasury Department secretary Tim Geithner. The nominations, according to a White House press release, fill three of the four "most senior" positions under the secretary.
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