Biden plans for former Fed Chair and noted Bitcoin bear to lead US Treasury

Cointelegraph

Published Nov 23, 2020 03:40PM ET

Updated Nov 24, 2020 05:40PM ET

As President-Elect Biden continues to round out his roster of appointees, he has tapped an Obama-era chair of the Federal Reserve to lead his administration's economic policy.

According to a Wall Street Journal exclusive published on Nov. 23, the Biden team plans to nominate Janet Yellen to serve as Treasury Secretary. Obama originally appointed Yellen to the Fed in 2014, where she remained until early 2018.

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