WASHINGTON: In selecting Janet Yellen to be the first woman to lead the US Treasury Department, President Joe Biden chose a progressive economist focused on unemployment who supports fiscal stimulus and tackling climate change.
After the Senate on Monday voted overwhelmingly to confirm her nomination, Yellen was sworn in Tuesday as Treasury secretary by the nation’s first female Vice President Kamala Harris at the White House, facing the Treasury building.
The 74-year-old has made history before — when she became the first female head of the Federal Reserve, the world’s most powerful central bank,…
