Joe Biden's Pick for US Treasury Janet Yellen Will Say 'US Doesn't Seek Weaker Dollar': Report
Joe Biden's Pick for US Treasury Janet Yellen Will Say 'US Doesn't Seek Weaker Dollar': Report
The Treasury secretary nominee, at a Senate confirmation hearing, will make clear the United States does not seek a weaker dollar, the newspaper reported, citing Biden transition officials familiar with her preparation for the session.

Janet Yellen, President-elect Joe Biden’s pick to take over the U.S. Treasury, is expected to affirm the United States’ commitment to market-determined foreign exchange rates when she testifies on Capitol Hill on Tuesday, the Wall Street Journal reported on Sunday.

The Treasury secretary nominee, at a Senate confirmation hearing, will make clear the United States does not seek a weaker dollar, the newspaper reported, citing Biden transition officials familiar with her preparation for the session.

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