[Bloomberg: Biden will appoint Federal Reserve Vice Chairman Lael Brainard as chief economic adviser]
U.S. President Joe Biden will appoint Federal Reserve Vice Chairman Lael Brainard as his chief economic adviser, according to people familiar with the matter. It is reported that Lael Brainard is responsible for leading the Federal Reserve's exploration of a digital dollar. She has previously stated that the encryption industry needs to meet the same security standards as traditional finance to prevent it from becoming a threat to the broader financial system, and has expressed support for the issuance of CBDC in the United States. #ai #BNB #BUSD #bnbgreenfield #chatgpt
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