Elizabeth Warren Wants This Biden Administration Position

Elizabeth Warren wants to be Joe Biden’s Treasury secretary and will make her case for it if he wins next week, according to three Democratic officials who have spoken with her inner circle. . .

Warren’s moves could set up the marquee fight between the party’s left and its center over what will be one of the most consequential Cabinet roles in the next administration. The Treasury Department will be tasked with steering the U.S. economy out of a deep recession, even as the country continues to struggle with the coronavirus pandemic.

Other leading contenders for the Treasury slot include Federal Reserve Governor Lael Brainard; Sarah Bloom Raskin, a former Treasury Department official; and Roger Ferguson, former Federal Reserve vice chairman and current CEO of financial services giant TIAA.

Tapping Warren would rally progressives who have been pushing — some quietly, others loudly — for her to get the role. But it would also likely draw strong opposition from Wall Street and some moderate Democrats. (Read more from “Elizabeth Warren Wants This Biden Administration Position” HERE)

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