Yellen advised Biden she plans to remain on as Treasury secretary

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WASHINGTON—Janet Yellen advised President Biden late final yr that she deliberate to remain on as Treasury secretary and Mr. Biden welcomed the choice, White Home officers mentioned, placing to relaxation for now hypothesis about whether or not she would stay on the division.

The December dialog stemmed partly from rumors in Washington about Ms. Yellen’s departure, the officers mentioned. Ms. Yellen assured Mr. Biden that she supposed to remain, one thing that she and her aides have mentioned publicly for months. The president responded that he was glad she would proceed within the function, mentioned the officers, who pressured that it was a casual dialogue. 

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