Biden Picks Yellen to Lead New Economic Team

Biden Picks Yellen to Lead New Economic Team

Nov.30 -- President-elect Joe Biden rolled out the first set of nominations for his economic team on Monday, formally announcing his selection of Janet Yellen to be Treasury secretary, Neera Tanden to lead the Office of Management and Budget and Cecilia Rouse to head the Council of Economic Advisers. Bloomberg's Mike McKee and Catarina Saraiva report on "Bloomberg Markets."