Tag Archives: Treasury U.S. Section

President-elect Joe Biden has chosen former Federal Reserve Chairman Janet Yellen as Treasury Secretary, a historic decision that could make her the first woman to lead the department, say people familiar with the matter. Yellen, 74, is seen as a politically “safe” choice for the role, which is likely to …

Treasury Secretary Steven Munuchi on Monday told CNBC. Lawmakers should not let the fear of a nation’s loss or the size of the Federal Reserve’s balance sheet delay additional Covid-19 relief, he said. Munuchin, who has led the administration’s Covid-19 relief talks with White House Chief of Staff Mark Meadows, …