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AP source: Biden taps ex-Fed chair Yellen to lead treasury

by Michael BalsamoChristopher Rugaber
| November 23, 2020 1:06 PM

WASHINGTON (AP) — 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.

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