Mark Brown, the head of the office overseeing the government’s student-loan portfolio, resigned Friday, following calls on the Biden administration to remove Brown, who was appointed by former Secretary of Education Betsy DeVos. Secretary of Education Miguel Cardona said in a statement Friday morning that he’d accepted Brown’s resignation from …
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The Senate Finance Committee voted unanimously Friday to approve Janet Yellen’s nomination to be U.S. Treasury secretary. If confirmed by by the full Senate, Yellen would be the first female Treasury Secretary. Sen. Ron Wyden, Democrat of Oregon, said he hoped the full Senate would be able to vote on …
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In 2014, three months into her four-year tenure leading the Federal Reserve, Janet Yellen was trying to draw an important link for investors, policy makers and community development leaders. “Although we work through financial markets, our goal is to help Main Street, not Wall Street. By keeping interest rates low, …
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Economists and other analysts were sounding off Monday following news that President-elect Joe Biden has selected former Federal Reserve Chairwoman Janet Yellen to lead the Treasury Department. Biden plans to nominate Yellen, said a Wall Street Journal article citing unnamed sources, and other news outlets also reported that she was …
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Dominic Raab, the U.K. foreign secretary, has been criticized after saying that taking the knee comes from the “Game of Thrones” TV series. Raab, who led the country while Prime Minister Boris Johnson was hospitalized with COVID-19, also said the gesture “feels to me like a symbol of subjugation, subordination.” …
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