According to a Wall Street Journal report, Joe Biden picks Janet Yellen for Secretary of Treasury; Fox Business' David Asman reacts. If confirmed by the Senate, she would be the first woman ever to hold the post. Today in History for December 12th. Published December 7th, 2020 by JMSCapitalGroup . US President-elect Joe Biden has named ex-Federal Reserve chair Janet Yellen as his nominee for treasury secretary. Reuters, 12 Dec 2020 . Transition 2020. … Biden's Treasury Secretary Nominee Janet Yellen Delivers Remarks | NBC News. Fed-Treasury relationship: "It would be wrong-minded for the Fed to spend all of its time worrying about how — in some future world, by doing what they were set up to do — they would lose some autonomy," Yellen said in a WSJ interview in April. Janet Yellen, announced Monday as Biden’s nominee for treasury secretary, served as chair of the Federal Reserve from 2014 to 2018, when she placed a greater emphasis than previous Fed chairs on maximising employment and less focus on price inflation. Biden picks Janet Yellen for Treasury Secretary and five other top economic advisers. By Scott Horsley & Franco Ordoñez • Nov 23, 2020 . President-elect Joe Biden has reportedly tapped Janet Yellen, the former chair of the Federal Reserve, as his choice for Treasury secretary. Copied. Biden confirms he wants Janet Yellen to be his Treasury secretary — what that means for cash-strapped American families Published: Dec. 2, 2020 at 2:44 p.m. Other names drew far more speculation, but the former Federal Reserve chair was always on … The decision is likely to be influenced heavily by how Treasury Secretary Janet Yellen (a former Fed Chair herself) gets along with Powell," writes market strategist Komal Sri-Kumar. Princeton economist Cecilia Rouse will lead president-elect’s Council of … AP, 12 Dec 2020. Washington: President-elect Joe Biden plans to nominate former Federal Reserve Chair Janet Yellen to serve as his Treasury secretary, people familiar with the matter said, choosing the first woman and a seasoned central banker for the nation’s top economic policy job as the coronavirus pandemic threatens another U.S. downturn. Share Tweet Email Tweet Email Related Articles. Yellen's spate of interviews in recent months also points to how she could approach other priorities as Treasury secretary. "Janet Yellen is nominated to serve as Secretary of the Treasury. The quiet frontrunner: How Biden landed on Yellen for Treasury secretary. She would be the first woman to hold that position. Janet Yellen, Biden’s Expected Treasury Pick, Has Broken More Than Gender Barriers . The former Fed chair, a labor market expert, appears poised to … US President-elect Joe Biden has named ex-Federal Reserve chair Janet Yellen as his nominee for treasury secretary. President-elect Joe Biden will choose Janet Yellen, former chair of the Federal Reserve, as his secretary of the Treasury, according to two sources with knowledge of the pick. "Janet Yellen is nominated to serve as Secretary of the Treasury. Topics of Interest. Biden Picks Janet Yellen To Be Treasury Secretary In Historic Appointment . She would be the first woman to … "Janet Yellen is nominated to serve as Secretary of the Treasury. Updated 08:37, 01-Dec-2020 CGTN Share . U.S. Secretary of the Treasury nominee Janet Yellen speaks during an event to name President-elect Joe Biden’s economic team at the Queen Theater on … Janet Yellen, Treasury Secretary. Saleha Mohsin; Rich Miller; Bookmark. Janet Yellen Has Excelled at Big Jobs. As Treasury secretary, Yellen would have weight in the government’s approach to cryptocurrencies. FILE - Then-Secretary of the Treasury Jacob "Jack" Lew is escorted by Eau Claire native Chris Van Es (right) during a visit to Philadelphia on Oct. 21, 2016. President-elect Joe Biden on Monday announced he will nominate former Federal Reserve chair Janet Yellen to lead the Treasury, topping a slate of economic officials who would break racial and gender barriers in the U.S. government. The rollout of Biden's … If confirmed by the Senate, she would be the first woman ever to … She was among several women chosen for top economic positions. Biden taps Yellen for Treasury, announces other members of economic team. NBC News confirms President-elect Joe Biden will nominate Janet Yellen for treasury secretary. ET Janet Yellen's appointment needs to be confirmed by the Senate. Janet Yellen as Treasury Secretary Sets Up Biden to Go Big on Stimulus. How Janet Yellen as Treasury Secretary Strengthens Biden’s Hand Her ability to work closely with the Federal Reserve could become a powerful policy tool . Janet Yellen, pictured here in 2017, would be the first female US treasury secretary if confirmed by the Senate Photo: AFP / ANDREW CABALLERO-REYNOLDS. (Source: Bloomberg) A divided U.S. Supreme Court halts the presidential recount in Florida, effectively making Republican George W. SLIDESHOW: Ice hole swimming in Omsk, Russia. WI Treasury Alum: Janet Yellen Is Good for Workers, Consumers, Interest Rates, Tariffs. As treasury secretary, Yellen would be charged with helping lead the nation's economic recovery from the pandemic. In 2018, Yellen said she was “not a fan” of the plethora of cryptocurrencies out there. Written By Doug Mell Originally Published December 7, 2020 12:44 pm CST. 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