WASHINGTON — As Jerome H. Powell, the Federal Reserve chair, rang in 2020 in Florida, where he was celebrating his son’s wedding, his work life seemed to be entering a […]
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Back to news homeBiden Faces a Balancing Act in Choosing Top Aides With Business Ties
WASHINGTON — Five years ago, Jeffrey D. Zients was the head of the Obama administration’s National Economic Council, working to push across the finish line a federal rule that would […]
Yellen Would Assume Vast Policy Portfolio as Treasury Secretary
WASHINGTON — Janet L. Yellen’s expected nomination as Treasury secretary will place the former Federal Reserve chair into a critical role overseeing President-elect Joseph R. Biden Jr.’s economic and national […]
Janet Yellen Set to Lead Treasury Department Under Biden
WASHINGTON — Janet L. Yellen became an economist at a time when few women entered the profession and fewer still rose in a male-dominated environment. She is now poised to […]
The Husband-and-Wife Team Behind the Leading Vaccine to Solve Covid-19
Two years ago, Dr. Ugur Sahin took the stage at a conference in Berlin and made a bold prediction. Speaking to a roomful of infectious disease experts, he said his […]
Young and Jobless in Europe: ‘It’s Been Desperate’
Like millions of young people across Europe, Rebecca Lee, 25, has suddenly found herself shut out of the labor market as the economic toll of the pandemic intensifies. Her job […]