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Yellen likely finished with Biden, may meet Chinese counterpart

Yellen likely finished with Biden, may meet Chinese counterpart

US Treasury Secretary Janet Yellen hinted at leaving her government position after President Joe Biden’s term ends, stating she is “probably done” but may meet with her Chinese counterpart soon. Yellen, the first woman to hold multiple key economic roles, expressed her future plans at the Texas Tribune Festival in Austin. She acknowledged having more work at the Treasury, indicating a potential meeting with Chinese Vice-Premier He Lifeng to address strained relations. In a previous meeting in Beijing, Yellen cautioned China on overproduction, leading to Biden’s tariffs on Chinese goods. As the US anticipates the next presidential election, Yellen’s upcoming decisions remain under speculation.

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