Trade Organization. As the U.S. Sherpa to the G8, she helped shape the 2000 G8 summit that, for the first time, included leaders of the poorest nations and laid the foundations for the Global Fund to Fight AIDS, Tuberculosis and Malaria. Treasury On March 23, 2009, President Obama nominated Brainard to serve as Under Secretary of the Treasury for International Affairs. Reuters News Service reported on December 23, 2009, that the Senate Finance Committee had approved Brainard to become the "Treasury Department's top global diplomat, a job that would give her a key role in the bid to push China toward a flexible currency". The Senate confirmed her in a 78–19 vote on April 20, 2010. Brainard managed the Office of International Affairs at the Treasury Department with responsibilities including the euro area crisis and currency relations with China. In this role, she exerted pressure on China to allow the forces of the free market to guide its currency. She also pressured Europe to follow a stronger economic rescue plan during the sovereign-debt crisis. During this time, she was the U.S. Representative to the G-20 Finance Deputies and G-7 Deputies and was a member of the Financial Stability Board. She received the Alexander Hamilton Award for her service. She left her post in the U.S. Treasury in November 2013. Federal Reserve Board Brainard was nominated to the Federal Reserve Board of Governors by President Barack Obama in January 2014. She was confirmed by the Senate by a vote of 61–31 on June 12, 2014, and began her term on June 16, 2014. Brainard serves as Administrative Governor, Chair of the Committee on Financial Stability, the Committee on Federal Reserve Bank Affairs, the Committee on Consumer and Community Affairs, the Committee on Payments, Clearing and Settlements, and the Subcommittee on Smaller Regional and Community Banking Organizations. Vice Chair of the Federal Reserve On November 22, 2021, President Joe Biden nominated Brainard to be the vice-chair of the Federal Reserve. Her initial nomination was returned to President Biden on January 3, 2022, due to it expiring at the end of the year. President Biden renominated her the following day. Hearings were held on Brainard's nomination before the Senate Banking Committee on January 13, 2022. The committee favorably reported her nomination to the Senate floor on March 16, 2022 in a 16-8 vote. On April 25, 2022, the United States Senate invoked cloture