FILE PHOTO: U.S. President Biden announces nomination of Lael Brainard

FILE PHOTO: Lael Brainard, a member of the Federal Reserve’s Board of Governors, speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Fed, in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., November 22, 2021. REUTERS/Kevin Lamarque/File Photo