Lael Brainard was born in 1962, in Hamburg Germany to parents Al and Joanne Brainard. Al Brainard was a U.S. foreign-service officer who was stationed in Cold War Germany and Poland. Dr. Al Brainard received his bachelor’s degree from the University of Connecticut and his doctorate in Political Science from the University of Washington. He was one of the first US officials to develop relationships with Polish dissident movements that were instrumental in Poland’s transition to democracy. Ms. Brainard had an unusual upbringing by being Jewish and growing up abroad in Communist Poland and Germany before the fall of the Berlin Wall, she only returned to the United States to start her college studies. She has stated in many of her speeches that
…show more content…
Brainard became an Associate Professor of Applied Economics at the Massachusetts Institute of Technology. She worked at MIT from 1989 until 1994. In 1994 she became the Deputy Director of the National Economic Council. The NEC was established to advise the President on U.S. and global economic policy. Dr. Brainard advised President Clinton on economic polices, where she helped build a new White House organization to address global economic challenges and was the president’s representative for the G-7 and G-8 economic summits. She left the NEC in 2000 to become a Vice President and the Founding Director of the Global Economy and Development Program at the Brookings Institiuion. From 2001 until 2009, Brookings Institution is a nonprofit “think tank” that conducts research and provides recommendations based on she oversaw the development a new research program to address global economic challenges. On March 23, 2009, President Obama nominated Brainard to serve as Under Secretary of the Treasury for International Affairs and she was confirmed on April 20, 2010. Brainard served as the principal policy advisor on international economic matters at the Treasury Department. Brainard was nominated to the Federal Reserve Board of Governors in January 2014 and was confirmed by the Senate on June 12, 2014. She began her fourteen year (14) term on June 16,
Brainard became an Associate Professor of Applied Economics at the Massachusetts Institute of Technology. She worked at MIT from 1989 until 1994. In 1994 she became the Deputy Director of the National Economic Council. The NEC was established to advise the President on U.S. and global economic policy. Dr. Brainard advised President Clinton on economic polices, where she helped build a new White House organization to address global economic challenges and was the president’s representative for the G-7 and G-8 economic summits. She left the NEC in 2000 to become a Vice President and the Founding Director of the Global Economy and Development Program at the Brookings Institiuion. From 2001 until 2009, Brookings Institution is a nonprofit “think tank” that conducts research and provides recommendations based on she oversaw the development a new research program to address global economic challenges. On March 23, 2009, President Obama nominated Brainard to serve as Under Secretary of the Treasury for International Affairs and she was confirmed on April 20, 2010. Brainard served as the principal policy advisor on international economic matters at the Treasury Department. Brainard was nominated to the Federal Reserve Board of Governors in January 2014 and was confirmed by the Senate on June 12, 2014. She began her fourteen year (14) term on June 16,