Live Update
From the Liveblog of
Monday, November 30, 2020
Biden formally taps Yellen as his nominee for treasury secretary
WASHINGTON — US President-elect Joe Biden selects 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 says in a statement.
— AFP
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