She's In The Money: Biden Picks Former Fed Chair Janet Yellen To Head Treasury Unlisted Video
3 years ago
711
Janet Yellen
US Federal Reserve
Wall Street Journal
Committee For A Responsible Federal Budget
Central Banks
Brookings Institution
The Century Foundation
Economists
National Bureau Of Economic Research
Barack Obama
President-elect Joe Biden
President-elect Joe Biden is planning to nominate Janet Yellen to head the Treasury Department.
Business Insider reports if the US Senate confirms Yellen, she will be the first woman to hold the job.
Yellen served as Fed Chair during President Barack Obama's second term, from 2014 to 2017.
President Donald Trump replaced her with Jerome Powell as head of the Fed.
If confirmed, Yellen will face an immense set of challenges, including the pandemic, unemployment, and widespread housing and food insecurity.
With both parties fiercely divided on its size and reach for months, Congress still hasn't approved a second coronavirus economic aid package.
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