By , , WASHINGTON (Reuters) - President-elect Joe Biden is expected to name Neera Tanden, who was an adviser to former President Barack Obama, as director of the White House budget office, and economist Cecilia Rouse as chair of the Council of Economic Advisers as soon as Monday, according to a person familiar with the process.Biden is also expected to pick Wally Adeyemo, senior international economic adviser in the Obama administration, to serve as Janet Yellen’s top deputy at the Treasury Department. Economists Jared Bernstein and Heather Boushey are expected to be named as members of the...…By , , WASHINGTON (Reuters) - President-elect Joe Biden is expected to name Neera Tanden, who was an adviser to former President Barack Obama, as director of the White House budget office, and economist Cecilia Rouse as chair of the Council of Economic Advisers as soon as Monday, according to a person familiar with the process.Biden is also expected to pick Wally Adeyemo, senior international economic adviser in the Obama administration, to serve as Janet Yellen’s top deputy at the Treasury Department. Economists Jared Bernstein and Heather Boushey are expected to be named as members of the...WW…

United States WASHINGTON/NEW YORK (Reuters) - The U.S. Federal Reserve unleashed new emergency measures on Sunday night to limit the economic harm from the coronavirus, including making it easier for banks to get money and slashing its benchmark borrowing rate to near zero. In a move reminiscent of the extraordinary steps the central bank took in the 2007-09 financial crisis, the Fed will flood the financial system with cash to ensure markets keep functioning and banks have the scope to keep credit flowing to businesses and consumers during the growing number of shutdowns prompted by the...…United States WASHINGTON/NEW YORK (Reuters) - The U.S. Federal Reserve unleashed new emergency measures on Sunday night to limit the economic harm from the coronavirus, including making it easier for banks to get money and slashing its benchmark borrowing rate to near zero. In a move reminiscent of the extraordinary steps the central bank took in the 2007-09 financial crisis, the Fed will flood the financial system with cash to ensure markets keep functioning and banks have the scope to keep credit flowing to businesses and consumers during the growing number of shutdowns prompted by the...WW…