Market Activity
Investors Appreciated Return Of The “Dove” As Janet Yellen Officially Announced As Treasury Secretary
So since Monday, it has been official. Janet Yellen, the former chair of the U.S. Federal Reserve, has been appointed Treasury Secretary by Joe Biden. She will take over from Steven Mnuchin when the new White House administration assumes office on January 20. The 74-year-old economist who graduated from the universities of Brown and Yale was the first woman to head the Fed, which she chaired from February 2014 to February 2018, and became the first female Secretary of the Treasury. The Senate, which is likely to remain under Republican influence, will be asked to vote on her nomination by
