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Senin, 30 November 2020

Joe Biden names Janet Yellen as pick to head Treasury Department which will make her the first woman in the role - ABC News

US President-elect Joe Biden has announced his senior economic team, including his plans to nominate the first woman to head the Treasury Department as well as several liberal economists and policy specialists who established their credentials during the previous two Democratic administrations.

In a statement Mr Biden said he would nominate Janet Yellen, the former Federal Reserve chair, to lead the Treasury Department, and former Clinton and Obama adviser Neera Tanden to serve as director of the Office of Management and Budget.

He also named Wally Adeyemo, a former Obama administration official and the first CEO of the former president's non-profit foundation, as his nominee for deputy treasury secretary before he unveiled his White House economic team, consisting of economists Cecilia Rouse, Jared Bernstein and Heather Boushey.

Mr Biden, who has placed a premium on diversity in his selection of Cabinet nominees and key advisers, is looking to notch a few firsts with his economic team selections.

Ms Yellen would be the first woman to lead the Treasury Department and Mr Adeyemo the first Black deputy secretary.

Ms Tanden would be the first woman of colour to lead OMB and Ms Rouse the first woman of colour to chair the Council of Economic Advisers.

Ms Yellen became Federal Reserve chair in 2014 when the economy was still recovering from the Great Recession.

In the late 1990s, she was President Bill Clinton's top economic adviser during the Asian financial crisis and under Mr Biden she would lead the Treasury Department with the economy in the grip of a surging pandemic.

If confirmed, Ms Yellen would become the first woman to lead the Treasury Department in its nearly 232-year history.

She would inherit an economy with still-high unemployment, escalating threats to small businesses and signs that consumers are retrenching as the pandemic restricts or discourages spending.

Biden and Harris to receive briefings

Joe Biden and Kamala Harris raise their hands together in front of a US flag while a firework exploded behind them
Joe Biden and Kamala Harris are to receive intelligence briefings.(AP: Andrew Harnik)

Meanwhile Mr Biden and vice-president elect Kamala Harris will begin receiving the nation's most sensitive secrets on Monday as they prepare to assume office on January 20.

The pair are to receive the highly classified Presidential daily brief, a summary of the most important information collected across the US intelligence community that is prepared and delivered by the Office of the Director of National Intelligence.

Outgoing President Donald Trump approved the briefings for Mr Biden last Tuesday, a day after his administration approved the formal transition process to his successor.

It was not immediately clear how Mr Biden and Ms Harris would receive the briefing, which is tailored to the needs and interests of its top recipient.

For Mr Trump, that has meant a focus on visuals and a preference for paper, his predecessor, Barack Obama, came to embrace the briefing being presented on a modified secure tablet.

Given its sensitivity, the briefing is usually delivered in person by a career member of the intelligence community, though Mr Trump has increasingly let that process lapse.

The PDB, as it is known, is just one component of the intelligence briefings presented to an incoming administration.

Mr Biden and Ms Harris will also be able to receive in-depth subject matter briefings from intelligence experts, as well as a run-down of extremely classified covert operations underway during the Trump administration, the latter necessary to determine if they want to maintain or modify those operations once they assume office.

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2020-11-30 18:10:00Z
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