WASHINGTON — President Joe Biden asked Treasury Secretary Janet Yellen to stay in her post, and she agreed, a White House official familiar with the matter said.
Biden made the request in mid-December, the official said. Biden is preparing for turnover in his Cabinet and questions have swirled over how long Yellen would remain in his administration.
Bloomberg has previously reported that Yellen, 76, was prepared to remain Treasury secretary well after the midterms. Yellen told NBC in November that she intended to stay for “the duration” of Biden’s current term.
