Eberly Emerges as Frontrunner to Be Biden’s Fed Vice Chair Pick
- Northwestern professor seen as a dovish voice, analyst says
- A final decision has not yet been made, people familiar say
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Northwestern University Professor Janice Eberly is the frontrunner in the White House search for a successor to Lael Brainard as vice chair of the Federal Reserve, people familiar with the matter said.
Eberly, who served as chief economist at the Treasury Department under President Barack Obama, has emerged quickly as a candidate in the weeks since Brainard was picked as President Joe Biden’s top economic aide.