President-elect Joe Biden is likely to nominate former Federal Reserve Chair Janet Yellen to head the US Treasury. If confirmed by the Senate, Ms Yellen would be the first woman to assume the position and be tasked with steering the world's largest economy as it faces mass layoffs and a sharp growth slowdown caused by Covid-19. AFP
President-elect Joe Biden is likely to nominate former Federal Reserve Chair Janet Yellen to head the US Treasury. If confirmed by the Senate, Ms Yellen would be the first woman to assume the positionShow more

Why Janet Yellen's nomination to lead Treasury bodes well for the US economy




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