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 Barack 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.
But her conversations with the administration have ramped up in recent weeks, and she is seriously considering accepting the nomination. Full story for BostonGlobe.com subscribers.