A version of this story first appeared in CNN Business' Before the Bell newsletter. London (CNN Business) President-elect Joe Biden has made the historic decision to tap Janet Yellen, former chair of the Federal Reserve, as his Treasury Secretary. The battle lines of Yellen's first big fight are already being drawn as the need for additional government aid becomes more acute. Now, as Covid-19 cases surge, forcing a wave of new restrictions from local leaders, the urgency is rising. A new model from Washington University in St. Louis projects that Covid-19 cases in the United States could nearly double over the next two months, demanding a rise in social distancing measures.

Source: The Nation November 24, 2020 14:12 UTC