Topic: Janet Yellen

Several Senate committees will begin confirmation hearings on Tuesday for five nominees for President-elect Joe Biden's Cabinet.

The Senate returned on Tuesday to start the 117th Congress, facing a possible impeachment trial looming for outgoing President Donald Trump, a slew of confirmation hearings and proposals from the new administration.

President-elect Joe Biden is expected to nominate Katherine Tai, the Democratic Party's top trade lawyer in the House Ways and Means Committee, as U.S. trade representative, according to reports.

President-elect Joe Biden has chosen to nominate Xavier Becerra, the Democratic attorney general for California, to lead the Department of Health and Human Services, according to multiple reports on Sunday.

President-elect Joe Biden tapped Brian Deese, a former Obama senior adviser, to be the director of the National Economic Council, the transition team announced Thursday.

President-elect Joe Biden formally nominated Janet Yellen as his treasury secretary Tuesday, saying his proposed economic team will be tasked with focusing on recovery from the coronavirus pandemic.

President-elect Joe Biden tapped Monday members of his economic team to help with COVID-19 relief.

President-elect Joe Biden on Sunday announced the first senior White House communications team comprised entirely of women, led by former President Barack Obama's White House communications director, Jen Psaki.

President-elect Joe Biden on Tuesday formally announced appointments to several top foreign policy and national security posts in his forthcoming administration.

The Dow Jones Industrial Average rose 328 points as AstraZeneca said the vaccine it is developing alongside Oxford University has an average efficacy of 70%.