Forget Warren for Treasury….

There are gonna be a lot of trial ballots floated for cabinet portions….

Elizabeth Warren is not going anywhere but the US Senate…

I’d doubt Bernie Sanders will make it to head the Labor Dept., but he has a better shot than Warren…

Among the names mentioned for Treasury is Former Fed Chair Janet Yellen….

Despite the progressives?

My guess is Biden is gonna appoint someone that gets they confirmation and will NOT scare the banks and financial world….

But KNOWS the American economy….

Especially since things are gonna be worst , not better after the next few months…..

President-elect Joe Biden is considering former Federal Reserve Chair Janet Yellen to be his Treasury secretary, Bloomberg News reports.

According to Bloomberg, people familiar with the matter say Yellen is among Biden’s contenders for the position and noted that she has canceled at least one upcoming speaking engagement as she is considered.

The other Treasury names on Biden’s list reportedly include Fed Governor Lael Brainard and former Fed Vice Chair Roger Ferguson…

…

Biden’s Treasury secretary would likely be involved in responding to the pandemic as well as crafting Biden’s tax plan.

The former vice president is calling for higher taxes on the wealthy and corporations, while also putting forth plans to provide and expand tax credits for lower- and middle-income families…

More…

image…Camille Fine