Finance

Biden looks to former Fed Chair Yellen for economic advice

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Janet Yellen

Scott Mlyn | CNBC

Joe Biden is seeking advice from former Federal Reserve Chair Janet Yellen, who ran monetary policy while the Democratic nominee served as vice president.

Yellen, now a distinguished fellow at the Brookings Institution, was among a handful of economists who on Thursday briefed Biden about an economy that has been reeling during the five-month coronavirus pandemic, according to the campaign.

Yellen has avoided shows of political partisanship, and it’s not clear whether her decision to meet with Biden represented an endorsement. She did not immediately return a request for comment. A Brookings spokesman said employees of the think tank can “provide nonpartisan…



Source cnbc.com

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