Biden’s Cabinet – Former Fed Chief Janet Yellen Appointed New Treasury Secretary – News



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  • President-elect Joe Biden has named the first candidates for key positions in his future administration.
  • According to media reports, former Federal Reserve Chief Janet Yellen will be the first woman to take the lead in the US Treasury.
  • As previously leaked, the foreign ministry will hire Antony Blinken, Biden’s longtime advisor on foreign policy.
  • The return of former Secretary of State John Kerry as special climate envoy is a surprise.

The appointment of Janet Yellen as Secretary of the Treasury is not yet official, but has been flagged as “certain” by several US media. Yellen himself did not want to comment yet.

Yellen has been at the helm of the Federal Reserve since 2014. When her term expired in 2018, President Donald Trump didn’t nominate her again, but instead chose Jerome Powell, who currently heads the Federal Reserve.

Janet Yellen

Legend:

Yellen represents a strong state in times of crisis.

Reuters

Yellen is believed to be a proponent of economist John Maynard Keynes’s theories that governments play an important role in overcoming economic crises.

Foreign Minister standing for Cooperation

The Foreign Minister’s staff had already leaked last night and has now been confirmed. Antony Blinken is seen as an advocate of multilateral cooperation and the international nuclear deal with Iran. The 58-year-old served as Deputy Secretary of State from 2015 to 2017 and has assisted Biden for nearly 20 years: from 2009 to 2013, he was Biden’s National Security Advisor when he was Vice President of Barack Obama. Blinken was formerly Senate Chief of Staff.

“End of Trump’s withdrawal policy”

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US correspondent Thomas von Grünigen on Biden’s foreign policy:

“This is the end of America First, the end of Trump’s withdrawal policy. Under Foreign Minister Blinken, the United States will seek to strengthen its leading role internationally.

China will move away from going alone in the trade war. You will try to develop a strategy together with partners. In the case of Iran, Blinken will try to reactivate the nuclear deal, if necessary also to negotiate a new one.

And the US wants to take back a leading role in the climate field. John Kerry’s appointment as climate envoy is a clear sign of this. “

Biden wants to realign his country’s foreign policy. During the election campaign he promised to cement relations with allies around the world and to bring the US back into international agreements. Unlike incumbent President Donald Trump, he also wants to continue working with the World Health Organization (WHO).

John Kerry, the surprise

The return of Obama’s foreign minister is a surprise. 76-year-old John Kerry will certainly benefit from his experience in air conditioning work. Kerry was Secretary of State from 2013 to 2017.

Biden wants to bring the US back into the Paris climate deal, which Trump exited from. He also wants America to take global leadership in the fight against global warming.

John Kerry

Legend:

Former Secretary of State John Kerry becomes Biden’s envoy on the climate crisis,

Reuters

Cubans in exile as Minister of Internal Security

The new Minister of Homeland Security is also a clear sign: for a departure from the previous immigration policy. Mayorkas, 60, was born in Cuba. Among other things, he was a California attorney and was former Deputy Secretary of National Security in Barack Obama’s second term. The ministry plays a central role, among other things, in addressing illegal immigration on the border with Mexico and with people in the country without documents.

Alejandro Mayorkas, designated by the US Secretary for Homeland Security.

Legend:

Cuban exile Alejandro Mayorkas was already working under Joe Biden as vice president.

Reuters

Biden appoints Jake Sullivan, 43, to the key position of National Security Advisor to the White House. Sullivan, a close confidant of former Secretary of State Hillary Clinton, also served in the State Department and has served as Biden’s National Security Advisor as Vice President since 2013. The National Security Advisor traditionally plays an important role in presidential leadership in shaping foreign and security policy.

The Senate must approve the candidates

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All cabinet members nominated by Biden should be confirmed by the Senate. Republicans currently have a small majority there. Majority percentages could change due to two ballots in the state of Georgia in early January.

68-year-old diplomat Linda Thomas-Greenfield will become US Ambassador to the United Nations. She worked for the Foreign Ministry for 35 years, most recently as Minister of Africa from 2013 to 2017. Additionally, Avril Haines is said to be the first female Head of Intelligence (DNI) to coordinate the various intelligence agencies Americans.

Biden had promised a government as different as the country.

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