Janet Yellen to be first Female US Treasury Minister; Know about her

The Senate has confirmed this on Monday. Let's know who Janet Yellen is. Why did President Biden make Janet the country's Treasury Minister.

Yogita S.

Yogita S.By Yogita S.

Published on 26 Jan 2021 8:37 AM GMT

Janet Yellen to be first Female US Treasury Minister; Know about her
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New Delhi: The newly elected President of the United States of America, Joe Biden, will take over as the 74-year-old Janet Yellen Finance Minister. The US Senate has stamped her name. This is the first time in the history of 231 years of America that the responsibility of the Treasury Minister has been entrusted to a woman.

First Female Treasury Minister of US:

However, the White House has not yet commented on when Yellen will take oath. Let us tell you that President Joe Biden nominated Janet Yellen for the post of Finance Minister, and Indian-American Neera Tandon as the White House's top post 'Director of Management and Budget Office'.

The Senate has confirmed this on Monday. Let's know who Janet Yellen is. Why did President Biden make Janet the country's Treasury Minister.

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Who is Janet Yellen?

The newly elected President of the United States of America, Joe Biden, will take over as the 74-year-old Janet Yellen Finance Minister. The US Senate has stamped his name. This is the first time in the history of 231 years of America that the responsibility of the Finance Minister entrusted to a woman. However, the White House has not yet commented on when Yellen will be sworn in.

Let us tell you that President Joe Biden nominated Janet Yellen for the post of Finance Minister, and Indian-American Neera Tandon as the White House's top post 'Director of Management and Budget Office'. The Senate has confirmed this on Monday.

Yellen works at Research Institute Brookings Institute:

Yellen is currently working at Research Institute Brookings Institute. She was the head of the Federal Reserve from 2014 to 2018. Prior to this, from 1997 to 1999, she was the chairman of the White House Economic Advisory Council. The Wall Street Journal report stated that Yellen was the first woman to lead the Federal Reserve.

Yellen's hiring prospects welcomed by New York's financial markets. The shares had gained momentum from these news. Reports say at the time that Yellen is also Biden's key adviser and spokesperson for his economic agenda.

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Yogita S.

Yogita S.

Media Graduate, News Editor and PR Enthusiast.

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