Former Fed chair Janet Yellen set to become first female treasury secretary

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  • Yellen reportedly to be announced by Biden on Tuesday
  • Economist, 74, seeks federal spending to tackle Covid slump

Janet Yellen, the first woman to chair the US Federal Reserve, is reportedly set to add another first, becoming the first female treasury secretary.

Related: Biden unveils key picks while report says ex-Fed chair Janet Yellen to lead treasury – live

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