Today, President Joe Biden announced the nomination of Lael Brainard to lead the White House National Economic Council. Brainard, who currently serves as a Governor of the Federal Reserve Board, is set to become the first woman to ever lead the Council.

Brainard, a veteran of the Obama administration, is a respected economist and has been a long-time advocate for economic policies that benefit the middle class. She has been a vocal supporter of the Biden administration’s proposed $1.9 trillion stimulus package.

The National Economic Council is a key part of President Biden’s economic policy team and is responsible for coordinating economic policy across the federal government. Brainard’s nomination is expected to be approved by the Senate.

In addition to Brainard, President Biden has also nominated Jared Bernstein to serve as the chief economist of the White House. Bernstein, who currently serves as a senior fellow at the Center on Budget and Policy Priorities, is a respected economist who has worked with the Biden administration in the past.

The Biden administration has made economic policy a priority, and the nomination of Brainard and Bernstein is a signal that the administration is serious about tackling the economic challenges facing the country. With Brainard and Bernstein leading the National Economic Council, the Biden administration is well-positioned to make progress on its economic agenda.