11/25/2020, 11:47 PM (Source: TeleTrader)
more TeleTrader news

Biden has his picks for Deputy Treasury Secy, NEC director - report

United States President-elect Joe Biden is finalizing the process of selecting the members of his future economic team, CNBC was told by the people with knowledge of the matter.

He is likely to appoint Teachers Insurance and Annuity Association (TIAA) CEO Roger Ferguson as his National Economic Council director, while former Commodity Futures Trading Commission chairman Gary Gensler is set to take the role of Deputy Treasury Secretary, the media outlet found.

Biden's presidential transition officials earlier said that the Democrat will sometime next week name the people who will be part of his administration's economic team.

Breaking the News / NL