WASHINGTON, D.C. – Today, Sen. Sherrod Brown (D-OH), Chair of the Senate Committee on Banking, Housing, and Urban Affairs, issued the following statement after President Biden announced the nomination of Governor Lael Brainard for Vice Chair:

“Dr. Lael Brainard has spent her life fighting for a stronger, fairer economy – one where workers share in the growth and prosperity they create and where their hard work is not gambled away by reckless Wall Street banks. At this moment, when workers are finally starting to see more power in our economy, we need a Vice Chair who understands that our economic recovery must strengthen our communities and put workers first. I look forward to working with Chair Powell, Dr. Brainard, and President Biden to stand up to Wall Street on behalf of workers, small businesses, and communities across the country and make our economy work for everyone,” said Sen. Brown.

###