Lael Brainard News
20.12 / 19:25
28.09 / 14:17
MET
economy
pandemic
President
International
Facing a possible strike at US ports, Biden administration urges operators to negotiate with unions
Top Biden administration officials met with port operators ahead of a possible strike at East and Gulf coast ports, with a union contract set to expire late Monday
13.09 / 17:18
CEO
security
Exelon
NVIDIA
President
reports
Videos
Top AI business leaders meet with Biden administration to discuss the emerging industry's needs
Top Biden administration officials have discussed the future of artificial intelligence with a group of executives from OpenAI, Nvidia, Microsoft and other companies
13.07 / 03:31
13.06 / 19:07
Citi
Fighting
Election
President
reports
Schools
White House unlikely to support SALT cap hikes as tax fight looms
New Yorkers and Californians seeking a big expansion to the state and local tax deduction when Congress debates a renewal of Donald Trump’s tax cuts next year are unlikely to see their wishes granted, President Joe Biden’s top economic adviser said.
10.06 / 15:42
11.05 / 00:22
17.04 / 20:09
UPS
Manufacturing
Racing
Trade
audience
International
In poll mode, Joe Biden seeks higher tariffs on Chinese metal products
Joe Biden is calling for a tripling of tariffs on Chinese steel and aluminum to protect American producers from a flood of cheap imports, and will pitch his election-year plan during a visit Wednesday with steelworkers in Pennsylvania, where union support could prove crucial in the White House race. The move reflects the intersection of Biden's international trade policy with his reelection effort. The White House insists the policy is more about shielding American manufacturing from unfair trade practices overseas than firing up a union audience.
16.04 / 10:33
UPS
Provident
Manufacturing
Research
electronic
Department
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas
07.03 / 16:05
07.03 / 10:13
19.02 / 13:41
UPS
CEO
Racing
economy
President
Universities
Consumers sentiment rose slightly last month as growth improves, inflation falls
A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after years of gloom
15.02 / 14:19
Target
economy
pandemic
trends
stage
shock
Headlines
White House's Brainard says U.S. recovery strong, eyes longer-term growth
WASHINGTON (Reuters) — The U.S. economy has exceeded expectations to achieve a strong, broad-based recovery, and current improvements in business dynamism, workforce engagement and investment could pave the way for durable longer-term growth, the White House said on Thursday.
05.01 / 17:16
COST
Provident
Manufacturing
wellness
Microchip
President
Department
Biden administration announces $162 million to expand computer chip factories in Colorado and Oregon
President Joe Biden's administration is providing $162 million to Arizona high-tech manufacturer Microchip Technology to support the domestic production of computer chips
23.12 / 02:04
economy
country
information
reports
NOT
White House says it's monitoring Red Sea attacks; not seeing big impact on holiday products
White House on Friday said it was closely monitoring Houthi attacks on ships in the Red Sea, but did not expect the situation to have a significant impact on holiday prices or the availability of products. Lael Brainard, director of the White House National Economic Council, told reporters that the U.S. economy was proving resilient, with inflation having come down faster than even the more optimistic forecasts had indicated, the labor market rebounding, and growth remaining solid.
21.12 / 23:08
27.11 / 18:06
Manufacturing
economy
President
show
Department
prevention
medicines
Cold War
Biden to invoke Cold War-era law to boost medical supplies
WASHINGTON (Reuters) — President Joe Biden will invoke a Cold War-era measure to boost investment in U.S. manufacturing of medicines and medical supplies that he has deemed important for national defense, the White House said.
31.10 / 13:25
Provident
Target
economy
cover
reports
testing
recommendations
DOL takes aim at ‘junk fees’
The Biden administration is targeting what it calls “junk fees” as it attempts to strengthen investment advice rules for retirement accounts.
27.10 / 19:14
Citi
Provident
pandemic
country
innovations
Department
The Biden administration is encouraging the conversion of empty office space to affordable housing
The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help spur such transitions
24.10 / 20:33
Target
Action
Apple
Remark
President
country
electronic
Apple to make tools and parts to fix phones, computers available nationwide: White House
iPhone maker Apple on Tuesday will announce plans to make parts, tools and documentation needed to repair its products available to independent repair shops and consumers nationwide, at fair and reasonable prices, the White House said. National Economic Council Director Lael Brainard made the announcement in remarks prepared for a White House event later Tuesday focused on the so-called «right to repair,» calling on Congress to pass legislation requiring such action across the country. The event is part of U.S. President Joe Biden's push to promote competition and crack down on so-called junk fees and other actions that increase prices for consumers.
24.10 / 19:39
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