Reuters: Yellen to name ex-IMF official Lipton to senior Treasury role, sources say

From the article:

Bringing Lipton on board to guide international matters will free Yellen to focus on the U.S. economy and work to ensure passage of President Joe Biden's $1.9 trillion economic rescue plan, the sources said. The plan has run into resistance from Republicans in Congress, and Democrats on Tuesday took a first step toward fast-tracking the bill without Republican support. [nL1N2K81MU]

"Lipton's presence in the Yellen Treasury is a huge boost for the department's international efforts. He brings immediate credibility and signals that the Biden administration intends to hit the ground running in responding to the economic dimensions of this crisis globally," said Scott Morris, a senior fellow at the Center for Global Development and a former Treasury official.