Janet Yellen will be Joe Biden’s pick for Treasury Secretary Updated for 2021

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Updated: March 2, 2021

President-elect Joe Biden will nominate Janet Yellen to be his treasury secretary, multiple reports said on Monday, quoting people familiar with the decision.

If confirmed, Yellen, who served for one term as the chair of the Federal Reserve, would be the first female treasury secretary in its 231-year history.

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Ms. Yellen, who is 74 years old, brings decades of experience to the Biden team amid a coronavirus pandemic that has devastated the economy.

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Simon Ateba
Simon Ateba
Simon Ateba covers the White House, the U.S. government, the International Monetary Fund, the World Bank and other financial and international institutions for Today News Africa in Washington D.C. Simon can be reached on simonateba@todaynewsafrica.com

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