Biden picks Yellen as next Treasury Secretary


President Elect Joe Biden announced that he picked new Secretary of Treasury and his pick in former Fed Chairwomen Janet Yellen. She is extremly experienced and was Fed Chair during important times of recovery from 2008 crisis, which means she know what to do and its good news for financial markets if more stimulus packages. If she is aproved she will be first women to hold this possition. (Timiraos, Wall Street Journal)

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