U.S. President-elect Joe Biden, who set the stage for a more diverse White House, nominated Indian-American Nira Tanden and several advisors to his top economic team on Monday. He has nominated former Federal Reserve Chairman Janet Yellen as Finance Minister and three women to other top economic positions.
Biden’s transition to presidency on January 20 seemed to be making great progress. The new administration has been hampered for weeks by Republican President Donald Trump, who refused to give concessions to Democratic cause Biden. Trump claimed on November 3 that the vote was dismissed by state and federal election officials without providing evidence that the vote was fraudulent.
Biden has nominated an economic team leader who will have to face the overwhelming blow to workers and businesses from the coronavirus pandemic, which killed more than 266,000 people in the United States in nine months.
Janet Yellen : Janet Yellen has been appointed Minister of Finance. If confirmed, she will be the first woman in the history of 231 to lead the Treasury and serve as Minister of Finance, Chairman of the Economic Advisory Board, and Chairman of the Federal Reserve. She was previously confirmed by the Senate on four occasions.
Neera Tanden: Neera Tanden , who has been focused on pursuing policies designed to support working families, promote widespread economic growth, and alleviate pervasive inequality, has been appointed Director of Administrative Budget. Once confirmed, Tanden will be the first woman of color and the first South Asian American to lead the OMB.
Wally Adeje yemo: the administration’s national security and veterans experienced macroeconomic policy and consumer protection expert Wally Adeyemo has been appointed as Deputy Treasury. Security advisor and first chief of staff of the Consumer Financial Protection Agency. Once confirmed, Adeyemo will be the first African American Deputy Secretary of the Treasury.
Cecilia Rouse : A leading labor economist and dean of the Princeton School of Public and International Affairs, Cecilia Rouse was previously nominated by the Senate as Chairman of the Economic Advisory Committee, identified as a member of the CEA in 2009. She will be the first African American and fourth woman to lead CEA in 74 years.
Jared Bernstein: In the first year of the Obama-Biden administration, Jared Bernstein, who served as Chief Economist for President-elect Biden, will serve as a member of the Economic Advisory Board.
Heather Bosch: A renowned economist focused on economic inequality, Heather Boushey is president, CEO and co-founder of the Washington Center for Equity Growth and will serve as a member of the Economic Advisory Board.
Unlike Trump, who mostly voted white men for his main positions, Biden’s initial appointments were shaped to be very diverse, including an entire senior communications team for women, which was revealed Sunday night. He has nominated campaign spokesman Kate Beddingfield as White House Communications Director and veteran Democratic Party spokesman Jen Psaki as media secretary.
In a statement, Biden said, “This team looks like the United States and brings the seriousness of purpose, the highest level of competence, and a firm belief in America’s promise.” “They will be ready to work for all Americans.”
Biden will officially introduce a member of the new economic team on Tuesday, the transition team said. 74-year-old Yellen served as Chairman of the U.S. Central Bank from 2014 to 2018 and served as President Bill Clinton’s Chair of the Economic Advisory Board. On Twitter after Biden announced her nomination, Yellen highlighted the challenges facing the United States. “In order to recover, we must restore the American Dream, a society where each person reaches their potential and dreams bigger dreams for their children. As Treasury Secretary, I will work every day to rebuild that dream for everyone.”
Biden also said he will nominate Wally Adeyemo as Yellen’s agent. Adeyemo served as National Security Advisor under President Barack Obama and was the President of the Obama Foundation, which oversees the Democratic Party’s former presidential library plan at the time.
And Biden said he would appoint Neera Tanden as director of the administrative budget. Tanden helped the Obama administration create the Affordable Care Act, an all-out health care overhaul, widely known as Obamacare, which has become one of the main achievements of the former president and a prime target for Republicans.
Tanden Chief Executive Officer of the Progressive American Progress Center think tank will be the first woman of color to lead the OMB when approved by the Senate.
Biden has appointed Cecelia Rouse, Dean of the Princeton School of Public and International Affairs, as Chair of the Economic Advisory Board. She was a member of the Obama City Council from 2009 to 2011.
Heather Boushey, an economist focused on economic inequality, and President, Chief Executive Officer and Co-Founder of the Washington Center for Equitable Growth will serve in Congress.
Vice Presidents Biden and Kamala Harris are also due to receive a daily briefing for their first classified presidential election on Monday, which the Trump administration had previously refused to offer. Briefing is the first step in transferring responsibility for the most sensitive information to a new administration.
Trump continued alleging groundless fraud in an interview with Fox News on Sunday and a Sunday evening tweet marked by social media services as a dispute. Trump, who said last Thursday that Biden would empty the White House if he was officially declared a winner from the electoral corps on December 14, appeared to have stepped down from his combative legal position, telling Fox he had no way to sue. To the US Supreme Court.
Separately, Georgia’s electoral authorities said on Monday that they had begun an investigation into a third-party group trying to register new voters prior to the January special election to determine dominance in the US Senate.