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


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Janet Yellen’s decades of policymaking experience hint at how she will lead the Treasury Department through the US economic recovery.

President-elect Joe Biden is reportedly set to nominate Yellen to run the department, making her the first woman to do so. Yellen was already the first woman to serve as a Federal Reserve chair, and, if confirmed, will be the first person to have run the Treasury, the Fed, and the White House Council of Economic Advisers.

The 74-year-old economist would enter the Cabinet at a time of intense economic strife. Coronavirus cases continue to surge higher, details ⇒

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