WORLD Biden taps Janet Yellen as Treasury secretary

WORLD

Biden taps Janet Yellen as Treasury secretary

AFP

23:06, November 30, 2020

File photo of former Federal Reserve chair Janet Yellen. (Photo: VCG)

US President-elect Joe Biden on Monday selected former Federal Reserve chair Janet Yellen as his choice for Treasury secretary.

"Janet Yellen is nominated to serve as Secretary of the Treasury. If confirmed, she will be the first woman to lead the Treasury Department in its 231-year history," Biden's transition team said in a statement.

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