Biden plans to nominate topmost economist Janet Yallen as Treasury Secretary: Reports
US President-elect Joe Biden is planning to nominate former Federal Reserve Chair Janet Yallen as his Treasury Secretary to lead his economic response to the raging coronavirus pandemic, which has wreaked havoc on the world’s biggest economy and led millions of Americans to lose their jobs. A formal announcement on 74-year-old Yellen would be made soon, according to The Wall Street Journal and The Washington Post. The Treasury Secretary is fifth in the presidential line of succession. If confirmed by the Senate, Yellen would be the first woman to hold…
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