WILMINGTON, Del. – (This livestream is now over. For the latest on Biden’s economic team, click here).
President-elect Joe Biden and Vice President-elect Kamala Harris are expected to announce his assembly of nominees and appointees to key economic policy posts.
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The announcement will take place at 11:30 a.m. in Wilmington, Delaware. It will be livestreamed in this article, but delays are possible; if there is not a livestream available, check back at a later time.
With unemployment still high and the pandemic threatening yet another economic slump, Biden is assembling a team of liberal advisers who have long focused on the nation’s workers and government efforts to address economic inequality.
Janet Yellen, announced Monday as Biden’s nominee for treasury secretary, served as chair of the Federal Reserve from 2014 to 2018, when she placed a greater emphasis than previous Fed chairs on maximizing employment and less focus on price inflation. Biden also named Cecilia Rouse as chair of his Council of Economic Advisers, and Heather Boushey and Jared Bernstein as members of the council.
All are outspoken supporters of more government stimulus spending to boost growth, a major issue with the coronavirus pandemic cramping the U.S. economy.
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