Biden's pick for Treasury Secretary will be Janet Yellen
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Source: Washington Post
Former Federal Reserve chairwoman Janet L. Yellen is expected to be named Joe Bidens treasury secretary, according to three people in close communication with aides to the president-elect.
Yellen, who was appointed chair of the Federal Reserve by President Obama, would be the first woman to lead the Department of Treasury. Biden said last week that he has decided on his choice for treasury secretary and that the name would be announced publicly either shortly before or after the Thanksgiving holiday.
Yellen, 74, would bring decades of experience as a regulator and economist to the crucial economic post, although she has never worked at the Treasury Department. Biden has begun filling out his cabinet and senior leadership team, on Monday announcing Tony Blinken as secretary of state; Alejandro Mayorkas as secretary of the Department of Homeland Security; and John Kerry as climate czar, among other top positions.
Biden told reporters last week of his treasury selection: Its someone who will be accepted by all elements of the Democratic Party, from the progressive to the moderate coalitions.
Read more: https://www.washingtonpost.com/us-policy/2020/11/23/bidens-pick-treasury-secretary-will-be-janet-yellen/
BainsBane
(53,074 posts)Cirque du So-What
(25,989 posts)Im starting to feel winds of change.
NCjack
(10,279 posts)CountMyVote4Reality
(209 posts)Nice.
Omaha Steve
(99,758 posts)Not the official announcement, so it's anticipatory.