Biden’s Economic Nominees

Update 492 — Biden’s Economic NomineesSkilled, Diverse, Facing Confirmation Fights On Monday, President-elect Biden announced further nominations to comprise his cabinet and closest group of economic advisors. Biden’s intent to gather a progressive coalition, perhaps the most diverse in history, is manifest.  Following last week’s selection of Janet Yellen as Treasury Secretary — a position …

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Treasury Nominee Yellen

Update 491 — Treasury Nominee YellenWould Face Vast, Daunting Policy issues Yesterday, President-elect Biden announced plans to nominate former Federal Reserve Chair Janet Yellen, 74, for Secretary of the Treasury. Yellen is phenomenally well-qualified for the position, especially given the economic conditions she will confront. Admired and trusted by commentators, progressives, and moderates, Yellen has …

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