Elon Musk balked at remarks from the Biden administration that diversity would play an important role in the appointment of the next vice chair of the Federal Reserve. Lael Brainard recently departed as vice chair of the Federal Reserve to replace senior adviser Brian Deese as director of the National Economic Council. A majority of White House senior staff identify as female,” Jean-Pierre told reporters. “Forty percent of White House senior staff identify as part of racially diverse communities. There are now more female, black, and homosexual officials at the Federal Reserve than at any other time in the central bank’s history, according to a report from the Associated Press.
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