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Biden's Treasury nominee Yellen discloses paid speaking gigs for financial firms
From Reuters
Thursday, December 31, 2020
President-elect Joe Biden's pick for Treasury secretary, Janet Yellen, earned at least $7 million from speaking engagements over the past two years, according to disclosures posted today.
Yellen, the former Federal Reserve chair, disclosed the more than 50 speaking gigs, including to government-regulated Goldman Sachs Group Inc, Barclays Plc, and hedge fund Citadel LLC, as part of a set of documents that move her candidacy closer to consideration by the U.S. Senate.
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In another filing to the U.S. Office of Government Ethics, Yellen said she would seek written authorizations to participate in substantive issues involving such firms.
Yellen agreed to resign from her position as a consultant for Australian investment firm Magellan Financial Group Ltd if she is confirmed by the Senate. She also outlined several divestments in public company stock that she would implement if she is confirmed. ...
... For the remainder of the report:
https://www.reuters.com/article/us-usa-biden-yellen/bidens-treasury-nomi...
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