NEW YORK: President-elect Joe Biden presented his economic team and pledged they will lead the charge on a plan to provide more relief for the faltering United States economy, which his future Treasury secretary called an “American tragedy.”

The diverse group, with women and minorities in key roles, is set to inherit the fallout from millions of job losses including an ongoing wave of corporations laying off workers and small businesses shutting their doors amid a spike in Covid-19 cases.

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