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Here’s how the US economy could transform under Biden after his appointment of Janet Yellen as Treasury Secretary

From businessinsider.com

President-elect Joe Biden's nomination of Janet Yellen to head the Treasury Department offers the clearest look yet at how his administration aims to drive an economic recovery. The former Federal Reserve chair is set to enter the Cabinet as the first woman to run the department and become the first person to lead the Treasury, Fed, and White House Council of Economic Advisers. Here's what Yellen's appointment signals for the Biden administration's economic policy, from near-term stimulus to Fed-Treasury cooperation. Janet Yellen's decades of policymaking experience hint at how she will lead the Treasury Department ... (full story)

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  • Category: Fundamental Analysis