Biden names top economic officials

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U.S. President-elect Joe Biden named his top officials to deal with the country’s coronavirus-ravaged economy, including former Federal Reserve chair Janet Yellen to be the first woman to lead the Treasury Department in its 231-year history.

In addition, Biden named Neera Tanden, currently president of the Center for American Progress, a liberal Washington public policy research and advocacy group, as director of the government’s Office of Management and Budget. If confirmed by the Senate, Tanden would be the first woman of color and first South Asian American to head the agency.

Biden also named Wally Adeyemo, a longtime economic policy official, to be Yellen’s deputy, the first African American to hold the second-ranking position at the Treasury Department.

The president-elect named labor economist Cecilia Rouse, dean of Princeton University’s public and international affairs school, as chair of the White House Council of Economic Advisers. She would be the first Black and the fourth woman to hold the job.

Biden picked two other economists – Jared Bernstein and Heather Boushey – as members of the economic council.

“As we get to work to control the virus, this is the team that will deliver immediate economic relief for the American people during this economic crisis and help us build our economy back better than ever,” Biden said in a statement. 

(The story originally published by Voice of America)

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