Business
Perfect choice for the times: Biden sends clear message to Wall St with Yellen pick – Sydney Morning Herald
From Wall Street to the progressive left of the Democrats, everyone is applauding Joe Biden’s reported choice of Janet Yellen as Treasury Secretary.
Yellen is mature shes 74 and vastly experienced with a stellar career that ought to make her acceptable to Democrats and Republicans alike and provide reassurance to the rest of the world that the key global economy and financial system will be in safe and predictable hands.
Yellen is used to wielding power she was chair of the Fed for four years before Donald Trump broke with tradition and, rather than give her the usual second term afforded previous chairs, appointed Jerome Powell in 2018, expecting…
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