Watch Live: Lael Brainard Promises To Be An “Independent Voice” In Fed Nomination Testimony

Two days after Jerome Powell’s nomination hearing, President Biden’s pick to replace the (now disgraced) Richard Clarida will take her turn in the hot seat on Thursday. Fed Governor Lael Brainard will appear before Senate Banking Thursday for a grilling by lawmakers before they vote on President Biden’s pick to be the next vice chair of the Federal Reserve.

The big question, of course, is… will she admit to being a ‘capitalist‘?

Brainard released her prepared remarks last night, and like Powell before her, she promised to protect the working people of this country from the ravages of inflation (inflation that the Fed, of course, helped to unleash with its policies).

Deep into her testimony, Brainard says she would “bring a considered and independent voice to [the Fed’s] deliberations, drawing on insights from working people, businesses,

Keep reading this article on Zero Hedge - Blog.

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