U.S. Senate panel to consider Brainard Fed nomination Jan. 13

U.S. President Biden announces nomination of Federal Reserve Chair Powell for second four-year term at the White House in Washington
U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., November 22, 2021. REUTERS/Kevin Lamarque

January 4, 2022

(Reuters) – The Senate Banking Committee will consider the nomination of Federal Reserve Governor Lael Brainard for Fed vice chair of supervision on Jan. 13 at 10 a.m. Eastern (1500 GMT), the panel said on its website on Tuesday.

Also to be considered at the hearing will be Sandra Thompson, nominated to be director of the Federal Housing Finance Agency, the announcement said.

(Reporting by Ann Saphir; Editing by Leslie Adler)