PRESIDENT-ELECT JOE BIDEN LIKELY TO NAME JANET YELLEN AS U.S. TREASURY SECRETARY

Highlights

• Financial experts are predicting that this move will shift Treasury's focus heavily toward progressive efforts to tackle growing economic inequality and battling against climate change

• Yellen, who made history in 2014 after she became the first woman to chair the Federal Reserve will be the first person to head the Treasury, the Fed and the White House Council of Economic Advisers

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