Biden to name Fed's Lael Brainard as top economic adviser: Reports

US President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard to the White House's top economic policy position as early as on Tuesday, reports stated. Brainard will replace Brian Deese, who announced his resignation on February 2, as director of the National Economic Council. She will become the first woman to head the agency since 1996.