Lael Brainard
American Economist
Lael Brainard was born in Hamburg, Germany on January 1st, 1962 and is the American Economist. At the age of 62, Lael Brainard biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.
Date of Birth
January 1, 1962
Nationality
United States
Place of Birth
Hamburg, Germany
Age
62 years old
Zodiac Sign
Capricorn
Profession
Banker, Economist
Lael Brainard Height, Weight, Eye Color and Hair Color
At 62 years old, Lael Brainard physical status not available right now. We will update Lael Brainard's height, weight, eye color, hair color, build, and measurements.
Height
Not Available
Weight
Not Available
Hair Color
Not Available
Eye Color
Not Available
Build
Not Available
Measurements
Not Available
Lael Brainard Religion, Education, and Hobbies
Religion
Not Available
Hobbies
Not Available
Education
Wesleyan University (BA), Harvard University (MA, PhD)
Lael Brainard Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Kurt M. Campbell (m. 1998)
Children
3
Dating / Affair
Not Available
Parents
Not Available
Biden issues rule to clamp down on bad retirement savings advice - which White House claims could boost YOUR savings by 20%
www.dailymail.co.uk,
April 23, 2024
The Biden administration has confirmed its crackdown on retirement plan 'junk fees' which will regulate investment advice given to savers. Under new rules outlined by the US Department of Labor, Americans will have more protections when they roll over money from a 401(K) into an individual retirement account (IRA). Agency officials said the final rule, which takes effect on September 23, will ensure financial advisors, brokers and insurance agents work in the best interests of their clients. At current, a financial advisor can be paid a commission as high as 6.5 percent by a firm to recommend a particular product. It means they can direct savers to such investments - even though they might not offer the highest yields.
Could Biden's junk fee crackdown boost YOUR 401(K) by up to 20%? In order to earn better returns for savers, the White House has suggested new safeguards on retirement accounts
www.dailymail.co.uk,
November 2, 2023
The Biden administration is cracking down on so-called 'junk fees' on retirement accounts. Americans will get more protection when they move funds from a 401(K) to an individual retirement account under new plans. The US Department of Labor reported that it would expand the ban on financial advisors, brokers, and insurance agents who provide investment advice to Americans who are investing in 401(K) plans, IRAs, and other savings accounts. The decision is designed to eliminate "loopholes" in current legislation so that "recommendations to buy any investment product must be in the savers' best interest.' These improvements, according to the White House, could help savers increase returns by between 0.2 percent and 1.20 percent per year - or raise retirement savings in a lifetime by up to 20%.
A government shutdown, according to Moody's analysts, could jeopardize the country's top credit rating, making it the country's highest rating
www.dailymail.co.uk,
September 26, 2023
Even though the immediate economic impact may be short-lived, credit rating firm Moody's said a government shutdown would damage America's credit rating. Moody's is the last major ratings group to have given the United States its top rating of AAA. Fitch, another major ratings company, downgraded the US's rating from AAA to AA+ last month, citing the country's $33 billion debt and poor government policies. Moody's echoed that sentiment on Monday, saying that a shutdown would reveal the US' organizational and governance strengths relative to other world leaders.