Latest Lael Brainard News

Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum — adding to tensions with Beijing

May. 14, 2024 05:36 AM EDT

WASHINGTON (AP) — The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that's likely to increase friction between the world's two largest economies. ...

Biden White House highlights a coming showdown with GOP over 2017 tax cuts that are due to expire

May. 10, 2024 11:42 AM EDT

WASHINGTON (AP) — The winner of November's presidential election will face an epic challenge next year with the coming expiration of nearly $4 trillion in tax cuts — an issue that the Biden White House is highlighting in the runup to November. Lael Brainard, director of the...

Editorial Roundup: Ohio

May. 06, 2024 07:16 AM EDT

Toledo Blade. April 29, 2024. Editorial: Unions not the issue A little-noticed event at the White House last week should serve as an opening to the important question of whether private equity funds — known for leveraged buyouts — should be operating with money...

Biden to call in State of the Union for business tax hikes, middle class tax cuts and lower deficits

Mar. 07, 2024 05:11 AM EST

WASHINGTON (AP) — President Joe Biden is going into Thursday's State of the Union address with an expanded plan to raise corporate taxes and use the proceeds to trim budget deficits and cut taxes for the middle class. The Democratic president in this election year is refining the...