After Donating 4 Times to Hillary’s Campaign, Fed Governor Tries to Prop up the “Financial Markets”

by Wolf Richter
Wolf Street

Angling for the job of Treasury Secretary?

Lael Brainard, former Under Secretary of the Treasury for International Affairs in the Obama administration and elevated further by President Obama to the Federal Reserve Board of Governors (FRB), and thus a voting member of the Federal Open Market Committee (FOMC), where monetary policy is set, on Monday saved the global markets with a single speech.

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