Yellen

ALEX BRUMMER: Yellen stages a comeback at the US Treasury

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The last chairman of the Federal Reserve to move from the US central bank to the US Treasury – G William Miller – did so at a moment of turmoil. In the final years of Jimmy Carter’s presidency, inflation was out of control, unemployment rising and the dollar falling like a stone. Miller, a former … Read more

Joe Biden picks former Federal Reserve chair Janet Yellen to be first female Treasury Secretary

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President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to serve as treasury secretary, a pivotal role in which she would help shape and direct his economic policies at a perilous time, according to a person familiar with the transition plans. Yellen, who is widely admired in the financial world, would be the … Read more