Some Wall Street Democrats Are Sitting Out Georgia Senate Races

As deep-pocketed Democrats on Wall Street celebrate the ouster of President Donald Trump, some are privately showing little appetite for backing the party’s remaining skirmishes in Georgia. Employees of securities and investment firms poured about $77 million into President-elect Joe Biden’s campaign and the super-PACs supporting him, more than quadruple what they steered toward Trump.Continue reading “Some Wall Street Democrats Are Sitting Out Georgia Senate Races”

Ms. Yellen, President Biden’s nominee for Secretary of the Treasury

President-elect Joe Biden named former Federal Reserve Chair Janet Yellen as his Treasury secretary, the first woman to run the agency. He also named Neera Tanden to head the Office of Management and Budget, Cecilia Rouse to lead the Council of Economic Advisers. Long-time advisers Jared Bernstein and Heather Boushey will also be on theContinue reading “Ms. Yellen, President Biden’s nominee for Secretary of the Treasury”