, and likely be tasked with breaking the deadlock over aid in Washington, should lawmakers not come to an agreement before Biden's January inauguration.
"As we get to work to control the virus, this is the team that will deliver immediate economic relief for the American people during this economic crisis and help us build our economy back better than ever," Biden said in a statement.Yellen's nomination was first reported last week, and Biden and Vice president-elect Kamala Harris will formally unveil the nominees on Tuesday, December 1.
Nigerian-born Wally Adeyemo, a former deputy national security advisor and current president of the Obama Foundation non-profit, will serve as deputy Treasury secretary, the statement said. He would be the first African American in that role.
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