• Biden says he’s picked treasury secretary, announcement soon

Market news

20 November 2020

Biden says he’s picked treasury secretary, announcement soon

Bloomberg reports that president-elect Joe Biden said he has chosen a Treasury secretary, promising an announcement either next week or the week after.

“You’ll soon hear my choice for Treasury,” Biden said. “I’ve made that decision, we’ve made that decision, and you’ll hear that either just before or just after Thanksgiving.”

Biden is said to have been considering current Federal Reserve governor Lael Brainard, who has previously served in a top political post at the Treasury Department during the Obama administration. He is also said to have considered former Fed governor Roger Ferguson, and former Fed Chair Janet Yellen.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.