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If approved by the US Senate, Janet Yellen will serve as Biden’s “No. 1” in the economy, making history as the first woman to hold this position.
Jellen released the following statement on his Twitter account after the news was announced:
“As a country, we are facing great challenges right now. To survive, we need to bring back your American dream: a society where every person can realize their potential and dream big for their children.”
ECONOMIC CONSTRUCTIONS AS FOLLOWS:
In the statement made by Joe Biden’s team managing the transition process, Neera Tanden will be named Director of the Management and Budget Office.
Adewale “Wally” Adeyemo is among the names Biden named. Adeyemo, who has been proposed to the Deputy Treasury Department, will be the first black to take this post if he gets Senate approval.
Biden announced that he will appoint several years of consultants, Jared Bernstein and Heather Boushey, as members of the Economic Advisory Council.
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It was also announced that Biden, who will appear in the White House on January 20 as the 46th president of the United States, has elected Cecilia Rouse as president of the Economic Advisors Council.
TO GIVE PUBLIC ECONOMIC COMFORT …
In his statement, Joe Biden said, “When we start working to contain the epidemic, this is the team that will provide immediate economic comfort to the American people during this economic crisis and help us make our economy better than ever.”
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