Biden Picks Yellen for Treasury Secretary

“President-elect Joe Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen, an economist at the forefront of policy-making for three decades, to become the next Treasury secretary,” the Wall Street Journal reports.

“If confirmed by the Senate, Ms. Yellen would become the first woman to hold the job.”

CNBC: “Yellen is widely seen as a politically “safe” pick for the role, likely to garner support from Senate Republicans as someone capable of pursing bipartisan compromise during an otherwise fragile time for the economy.”