{"id":4096,"date":"2020-12-27T20:42:11","date_gmt":"2020-12-27T20:42:11","guid":{"rendered":"http:\/\/lonecandle.com\/?p=4096"},"modified":"2020-12-27T20:42:11","modified_gmt":"2020-12-27T20:42:11","slug":"what-the-yellen-choice-means-for-biden-and-the-economy","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=4096","title":{"rendered":"What the Yellen choice means for Biden and the economy"},"content":{"rendered":"\n

\n\n“In picking former Federal Reserve Chair Janet Yellen to serve as his first Treasury Secretary<\/a>, Joe Biden is leaning on a well-known figure who is trusted and beloved by most Democrats, respected by many Republicans, acceptable to Wall Street and aligned with the no-surprises approach expected to be a hallmark of the incoming president\u2019s tenure.<\/p>\n\n\n\n

Yellen, widely seen as the obvious choice when Biden teased last week<\/a> that he had made his pick, is slightly untraditional for Treasury. Her pre-government background came largely as an academic economist and monetary policy expert. The top Treasury slot often goes to people \u2014 until now all men \u2014 with extensive corporate backgrounds and high-profile international experience.”<\/p>\n\n\n\n

https:\/\/www.politico.com\/news\/2020\/11\/23\/yellen-treasury-secretary-democrats-440032<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

“In picking former Federal Reserve Chair Janet Yellen to serve as his first Treasury Secretary, Joe Biden is leaning on a well-known figure who is trusted and beloved by most Democrats, respected by many Republicans, acceptable to Wall Street and aligned with the no-surprises approach expected to be a hallmark of the incoming president\u2019s tenure.<\/p>\n

Yellen, widely seen as the obvious choice when Biden teased last week that he had made his pick, is slightly untraditional for Treasury. Her pre-government background came largely as an academic economist and monetary policy expert. The top Treasury slot often goes to people \u2014 until now all men \u2014 with extensive corporate backgrounds and high-profile international experience.”<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[375,1121,1120,1119],"class_list":["post-4096","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-biden","tag-department-of-treasury","tag-treasury","tag-yellen"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/4096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4096"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/4096\/revisions"}],"predecessor-version":[{"id":4097,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/4096\/revisions\/4097"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}