2014-06-12T181914Z_1_LYNXMPEA5B0UN_RTROPTP_2_G20-CURRENCIES-ECB

Senate confirms Brainard for Fed board seat

U.S. Treasury Under Secretary for International Affairs Brainard delivers a speech in MoscowWASHINGTON (Reuters) – The Senate on Thursday approved former Treasury official Lael Brainard for a seat on the Federal Reserve’s board, helping rebuild the central bank’s depleted policymaking ranks. Brainard, who served as a top financial diplomat at the Treasury until last year, was confirmed with more than 60 votes in the 100-member chamber to serve out the remainder of an unexpired term ending in January 2026. (Reporting by Howard Schneider and Krista Hughes; Editing by Andrea Ricci)

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