Biden nominates first woman to head Treasury Department, highlights diversity on economic team

By Aamer Madhani and Zeke Miller | Associated Press |

Janet Yellen (Photo AP)

Wilmington — President-elect Joe Biden on Monday announced his senior economic team, including his plans to nominate the first woman to head the Treasury Department as well as several liberal economists and policy specialists who established their credentials during the previous two Democratic administrations.

In a statement, Biden said he would nominate Janet Yellen, the former Federal Reserve chair, to lead the Treasury Department, and former Clinton and Obama adviser Neera Tanden to serve as director of the Office of Management and Budget. He also named Wally Adeyemo, a former Obama administration official and the first CEO of the former president’s nonprofit foundation, as his nominee for deputy treasury secretary. He also unveiled his White House economic team, consisting of economists Cecilia Rouse, Jared Bernstein and Heather Boushey.

Former Fed Chair Janet Yellen

Biden, who has placed a premium on diversity in his selection of Cabinet nominees and key advisers, is looking to notch a few firsts with his economic team selections. Yellen would be the first woman to lead the Treasury Department and Adeyemo the first Black deputy secretary. Tanden would be the first woman of color to lead OMB and Rouse the first woman of color to chair the Council of Economic Advisers.

Read more of this story

(Visited 23 times, 1 visits today)
About Cholo Brooks 14321 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.

Be the first to comment

Leave a Reply

Your email address will not be published.


*