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Yellen says 'no plan' to step down as Treasury Secretary, sees 'possible' soft landing for US economy

News Snapshot:

Treasury Secretary Janet Yellen said Wednesday she has "no plan" to step down from her post amid continued chatter about the former Fed chair's role in the Biden administration. Speaking at the New York Times' Dealbook Summit in New York City, Yellen said, "I have committed to staying [as Treasury Secretary]. I have no plan to leave." Yellen's comments come after a fall full of speculation on whether a change would be coming at the top of the Treasury Department following the midterm elections. Yellen herself went so far as to deny reports of her impending departure back in October….

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