Fed Nominees Prioritize Tackling Inflation in Nomination Hearings

Governor Lael Brainard testified at her nomination hearing for a full 14-year term on the Board of Governors of the Federal Reserve System. She pledged to protect the independence of the Federal Reserve and to promote sustained economic growth in a context of low and stable inflation. Brainard emphasized her commitment to following a data-driven approach and engaging directly with Americans to inform her policy decisions. She also expressed her support for the Federal Open Market Committee's actions to tighten monetary policy and bring inflation down.