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BumRushDaShow

(137,646 posts)
Sun Sep 8, 2024, 03:55 AM Sep 8

Yellen 'probably done' when Biden ends term, may meet Chinese counterpart soon

Source: Reuters

September 7, 2024 5:13 PM EDT Updated 11 hours ago


Sept 7 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Saturday that she is "probably done" serving at the highest levels of government after President Joe Biden's term ends in January, but will likely meet again soon with her Chinese counterpart.

Asked at the Texas Tribune Festival in Austin, Texas whether she was "done" when a new administration takes over in January, or might continue in her job or take on a new administration role, Yellen said: "Probably done, but ... we'll see."

The comments are the closest that Yellen, 78, has come to announcing her future plans as the presidential race between Vice President Kamala Harris and former president Donald Trump heats up. Yellen has been the first woman to serve as Treasury Secretary, Federal Reserve Chair and director of the White House National Economic Council.

Yellen told the event in Austin that she still has a lot of work to do at Treasury in coming months, including another likely meeting with Chinese Vice Premier He Lifeng, her Beijing counterpart, to try to manage an often tense relationship.

Read more: https://www.reuters.com/markets/us/us-treasurys-yellen-says-may-meet-with-chinese-counterpart-2024-09-07/

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