White House press secretary Karine Jean-Pierre downplayed one on Friday Fox Annual Report that’s what Bank of America said
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CEO Brian Moynihan is on the Biden administration’s shortlist to replace Treasury Secretary Janet Yellen if Yellen decides to leave her post. Jean-Pierre said this report “appears to be pure speculation,” citing Yellen’s recent statement that she has no plans to leave the company. The report said Trade Secretary Gina Raimondo is also a frontrunner for the Treasury job.
