Chairwoman

HONG KONG—Eighteen months ago, she was a high-profile symbol of a bigger tech battle between China and the U.S. Now, she is set to take the helm of a Chinese telecommunications company at the leading edge of the country’s push to break free from dependence on America for key technologies. Meng Wanzhou, chief financial officer at Huawei Technologies Co., is set to begin a six-month rotation as company chairwoman after presenting annual results on Friday in Shenzhen, China. Her rising stature…

Lael Brainard said now is the time to look at cryptocurrency protections. Photo: Ting Shen/Bloomberg News…

WASHINGTON—A U.S. central bank digital currency could one day provide consumers with a level of safety amid a proliferation of privately-issued digital assets such as stablecoins, Federal Reserve Vice Chairwoman Lael Brainard told House lawmakers Thursday.Ms. Brainard told the House Financial Services Committee that in the future a central bank digital currency could coexist with and be complementary to stablecoins by providing a widely available, government-backed means of payment. “It…