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Axios
Axios
Politics

Janet Yellen to stay on as Biden's Treasury secretary

Janet Yellen Joe Biden White House United States

President Biden and Janet Yellen agreed late last year she will stay on as secretary of the Treasury, according to an administration official.

Why it matters: White House officials in the fall of last year had been preparing for Yellen's potential departure after the 2022 midterms, depending in part on the outcome of the elections, Axios' Hans Nichols reports.

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