Joe Biden said his choice for Treasury secretary would win wide praise among Democrats, Politico reports.
Said Biden: “You’ll find it is someone who I think is — will be accepted by all elements of the Democratic Party, from the progressive to the moderate coalitions.”
“The ONLY name among current candidates that fits this description is former Fed Chair Janet Yellen… Lael Brainard does not (though she really should.) Neither does Roger Ferguson, a former vice chair of the Fed and head of TIAA-Cref. Neither of those people would satisfy strong progressives.”
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