
President Barack Obama\'s administration has been criticized for having too few women in top jobs, but the White House\'s nomination of Lael Brainard to sit on the central bank\'s board of governors may alleviate some of that criticism. According to The Washington Post on Sunday, Brainard - who is the undersecretary of international affairs and a very visible member of Obama\'s economic team - has considered accepting the nomination to fill one of the vacant seats at the Federal Reserve. In her current role, she \"has been on the front lines of the European crisis, pushing for tough requirements before debt-saddled countries are thrown financial lifelines,\" according to The Post. Meanwhile Obama is also looking to fill the position of Chair at the Federal Reserve, and many believe he will appoint a close former advisor - Larry Summers - to the post. Such a move, however, would mean bypassing Janet Yellen, the woman currently the vice chair at the central bank, and a favorite in government circles.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor