Janet Yellen tipped for US Treasury Secy - New York News
New York, Nov 24 (IANS) US President-elect Joe Biden plans to nominate former chief of the Federal Reserve Janet Yellen as America's next Treasury secretary, according to a news break by The Wall Street Journal.
by IANS
Updated Nov 23, 2020
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If confirmed, Yellen would become the first woman to lead the Treasury, the central bank and the White House Council of Economic Advisers. She was the first woman to lead the Federal Reserve.
Yellen, 74, is an expert on unemployment and will wade into a tanking economy with a still-elevated national unemployment rate of 6.9 per cent during the coronavirus pandemic.
Yellen was an economic adviser to Biden's campaign.
November 24, 2020 Other New York
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Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media
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