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headshot of janet yellen Janet Yellen in late 2017. (Credit: Bloomberg)

President-elect Joe Biden said Monday that he plans to nominate former Federal Reserve Board Chairwoman Janet Yellen as Treasury Secretary, according to the Wall Street Journal.

Fed Governor Lael Brainard and former Fed Vice Chair Roger Ferguson were also being eyed for the job. Sen. Elizabeth Warren, D-Mass., had also been said to be in the running for the post.

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Melanie Waddell

Melanie is Washington Bureau Chief, Investment Advisory Group. She also covers regulatory and compliance issues. Her column, The Playing Field, appears in Investment Advisor and on ThinkAdvisor.com, and she also writes the briefing and produces the podcast, Human Capital. Earlier in her career, Melanie covered financial issues at American Banker/Thomson Media publications in Washington and New York. You can reach her at [email protected] On twitter: @Think_MelanieW

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