Former Fed chair Janet Yellen set to become first female treasury secretaryJanet Yellen, the first woman to chair the US Federal Reserve, is set to achieve another first, becoming the country’s first female treasury secretary. Biden unveils key picks while report says ex-Fed chair Janet Yellen to lead treasury – live Read moreThe 74-year-old economist is expected to be named as President-elect Joe Biden’s choice on Tuesday. After the news broke Warren called Yellen “an outstanding choice.”Elizabeth Warren (@SenWarren) Janet Yellen would be an outstanding choice for Treasury Secretary. Yellen has also in the past attracted bipartisan support, receiving 11 Republican votes for her 2014 confirmation as Fed chair, including the backing of three sitting Republican senators. If appointed, Yellen will not only be the first female Fed chair and treasury secretary, but the first person to have headed both organizations and the White House council of economic advisers.

Source: The Guardian November 23, 2020 20:33 UTC