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Biden Eyes Leaders With TIAA, Facebook And Google Ties For Economic Team

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Ferguson had been listed as a candidate for Treasury secretary, but the nomination instead went to former Federal Reserve Chairwoman Janet Yellen. CNBC stated that a Biden transition spokesman did not respond to a request for comment about the potential nominations and that Biden is expected to announce economic appointments soon.

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Treasury Pushback On Financial Regulation?

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regulatory news, the Treasury Department last week debuted a plan that would make sweeping changes to the country’s financial oversight. Perhaps the most visible rollback would come with a truncating of the Consumer Financial Protection Bureau (CFPB)’s regulatory powers.