Joe Biden’s pick to lead Treasury made over $7M in speaking fees

International

pti-Madhuri Adnal

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Rehoboth Beach (US), Jan 01: US President-elect Joe Biden’s choice to be treasury secretary, Janet Yellen, collected more than USD 7 million in speaking fees over the past two years from major financial firms and tech giants including Citigroup, Goldman Sachs and Google, according to disclosure forms filed as part of her nomination.

Yellen’s was among three financial disclosures turned in by Biden transition officials that were made public on Thursday by the Office of Government Ethics.

In a separate filing, Yellen listed firms and banks where she had received speaking fees and said she intended to “seek written authorisation” from ethics officials to “participate personally and substantially” in matters involving them. Yellen was the Federal Reserve chair from 2014 to 2018.

Her term was not renewed by President Donald Trump. She took in the speaking fees in 2019…

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