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The Boston Globe

Business

A top Treasury official may be named for Fed

WASHINGTON — The White House is considering nominating a top female official at the Treasury Department to fill one of the vacant seats at the Federal Reserve, according to two people familiar with the process, amid criticism over the role of women in the Obama administration.

As undersecretary for international affairs, Lael Brainard is one of the most highly ranked — and most visible — female members of President Obama’s economic team. Her name has long been circulated among the insular world of Fed watchers as a potential candidate to sit on the central bank’s influential board of governors.

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