Fed’s Brainard Seen as Top of Biden’s Treasury Secretary List

The transcript discusses the potential appointment of Lael Brainard as the first female U.S. Treasury Secretary under Joe Biden. It highlights the strategic importance of this move, considering Wall Street's comfort and progressive satisfaction. Brainard is also considered for the Fed Chair position, which she reportedly prefers. Her past consideration for the Treasury role during Hillary Clinton's campaign is noted, emphasizing her strong track record.

Who is reported to be at the top of Joe Biden's list for U.S. Treasury Secretary?

• Janet Yellen

• Hillary Clinton

• Elizabeth Warren

• Lael Brainard

What is a potential benefit of appointing the first female Treasury Secretary?

• It would improve international relations

• It would increase stock market stability

• It would reduce national debt

• It would be a historic move

What is a significant factor in choosing a Treasury Secretary according to the transcript?

• Ability to balance Wall Street and progressive interests

• Previous experience as a Fed governor

• Support from the banking sector

• Experience in international relations

What position does Lael Brainard reportedly prefer over Treasury Secretary?

• Fed Chair

• Secretary of Defense

• Vice President

• Secretary of State

During which presidential campaign was Brainard previously considered for Treasury Secretary?

• Hillary Clinton's 2016 campaign

• Donald Trump's 2016 campaign

• Barack Obama's 2008 campaign

• Joe Biden's 2020 campaign