WASHINGTON, May 1 (Reuters) - The White House on Monday
promised to release news soon on President Joe Biden's nominee
to replace Lael Brainard as vice chair of the Federal Reserve.
"You will hear something in the very near future," White
House press secretary Karine Jean-Pierre told reporters at the
White House.
Brainard left the Fed last month to become director of the
White House National Economic Council, but Biden has not yet
nominated a successor.
(Reporting by Jeff Mason and Andrea Shalal
Editing by Chris Reese)
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