Biden taps ex-Fed chair Yellen as first-ever woman treasury secretary

U.S. President-elect Joe Biden said Monday that he plans to nominate former Federal Reserve chairwoman Janet Yellen to become the first woman to lead the Treasury Department in its 231-year history, tapping the seasoned economist for the job of rebuilding the pandemic-hit economy.Biden also announced other key members of the incoming economic team with diverse backgrounds, such as Cecilia Rouse, a leading labor economist and an African American picked to become chairwoman of the Council of Economic Advisers."This is the team that will deliver immediate economic relief for the American peopl…READ FULL ARTICLE