Biden considering Janet Yellen as potential Treasury Secretary: report - Business Insider

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Biden is considering Janet Yellen for Treasury Secretary, potentially making her the first woman to hold the role: report

The Bloomberg report stated that Yellen recently backed away from a speaking engagement due to her consideration for the role, according to individuals familiar with the situation.

Yellen is reportedly joining a shortlist that includes Federal Reserve Governor Lael Brainard and former Federal Reserve Vice Chair Roger Ferguson. If nominated and confirmed, Yellen would become the first female Treasury secretary in US history. In February 2014,in becoming the nation's first female Chair of the Federal Reserve, replacing outgoing Chair Ben Bernanke.

She served as Chair of the Federal Reserve until February 2018, when she was replaced by Trump appointee Jerome Powell. Yellen decided to step down from the Federal Reserve Board once her chairmanship was over.On November 13, that Biden was spending that day and the immediate weekend considering potential Cabinet nominees, with aides saying that no major announcements were in the pipeline in the short-term.

 

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Better than Warren.

Obama selection

God help us. We are truly screwed as a country.

Remember how passive she was at the Fed

thanks for this news

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