Barack Obama
Lael Brainard may take White House post
Biden could ask Federal Reserve vice-chair to lead economic council, reports say

Book notes: Yellen, by Jon Hilsenrath
Offers new insights into the tough decisions Yellen has made as a pre-eminent economic policy-maker

People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months

Lifetime achievement: Stanley Fischer
Fischer has had a profound impact on monetary economics and central banking during his prolific career
Summers: digital yuan unlikely to threaten US dollar
Traceability of Chinese CBDC amid “financial thunderbolts” from Beijing may limit appeal
Trump nominee Shelton moving closer to Senate vote
Observers say Murkowski’s statement removes one potential barrier to Shelton being approved
CFTC report calls for US regulators to take urgent climate action
US should join NGFS, impose carbon price and mandate firms to disclose green risks, report says
El-Erian on Covid-19 policy risks, ‘zombie’ markets and central bank capture
Former Pimco chief says Fed has gone too far, market function rules needed and chance opens for shared policy load
Trump is weakening US regulatory reforms, Yellen warns
“Worrisome reversals of legislation” under new president, says former Fed chair
US senators chase regulators on Treasury market reform
Crapo and Warner push regulators to ensure reforms to improve transparency are still in pipeline
Stanley Fischer announces October resignation from Fed
Vice-chair to step down in October “for personal reasons”, eight months before scheduled
Head of Securities and Exchange Commission to step down in January
White says agency has brought about “fundamental reforms”
Senate committee chair urged to clear backlog of nominees
Nominees to Federal Reserve board of governors among those waiting to learn fate
Obama nominates Michigan professor to Fed board of governors
Obama picks Kathryn Dominguez to fill the second of two vacancies on the board of governors
Obama to nominate community banker to Fed board of governors
Move follows criticism of several academics in top roles at the central bank
Janet Yellen set for nomination as Fed chair
US President Barack Obama expected to nominate Janet Yellen as Ben Bernanke’s successor; would be first female appointment to top job
US thrashes out partial solution to fiscal cliff
US government reaches agreement that postpones and reduces fiscal cliff; measures unlikely to have significant impact on Fed policy, some observers say
FDIC name new leadership
President Obama names acting-chairman Martin Gruenberg as the new FDIC head and ex-Kansas City Fed president Thomas Hoenig as his number two
Lagarde implores next US president to act fast on ‘fiscal cliff’
IMF managing director Christine Lagarde has challenged the next US president to urgently address Washington’s ‘policy uncertainty’ irrespective of who wins
US Senate confirms new Federal Reserve Board members
Jeremy Stein and Jerome Powell secure bipartisan support from members of Congress to be confirmed for positions on Federal Reserve Board
Sigtarp appoints special inspector general
Christy Romero appointed after approval from President and Senate
Obama nominates two new members to Fed board
Former undersecretary of the Treasury Jerome Powell and Harvard economist Jeremy Stein put forward to fill vacant seats on Federal Reserve Board of Governors; need Senate backing
Two economists mooted for seat on Fed board
Jeremy Stein and Richard Clarida are being considered for terms on the Federal Reserve board of governors in a bipartisan effort from US lawmakers, writes Blair Baker
Iran says US sanctions on central bank are ‘unfounded’
Central Bank of Iran governor Mahmoud Bahmani denies US will impose sanctions on central bank; says measures would be “unfair”