President-elect Joe Biden on Monday announced his choices for key members of his economic team, with Senate Republicans complimenting one of his top picks and bashing another.
Biden said he would nominate former Federal Reserve Chairwoman Janet Yellen to serve as Treasury secretary and Neera Tanden, the president of the liberal Center for American Progress think tank, for director of the White House Office of Management and Budget (OMB).
Yellen, who was last confirmed by the Senate in 2014 when Democrats were in the majority, earned positive remarks from some GOP senators on Monday. Continue reading.