JANET YELLEN, TREASURY SECRETARY: Joe Biden is expected to tap former Federal Reserve Chair Janet Yellen as US Treasury Secretary, putting a woman in the job for the first time. With Yellen, 74, Biden has chosen an experienced policymaker respected by Congress, international finance officials, progressives and business interests, and one that has called for opening fiscal spending taps to boost economic recovery. Yellen has called for increased government spending to boost the US economy out of the pandemic recession.
Reuters