Janet Yellen Confirmed By Senate, Becoming First Woman To Head Treasury – NPR

Janet Yellen resolves an event last month presenting the inbound Biden administrations financial team in Wilmington, Del. Yellen is the first female to lead the Treasury Department.

Alex Wong/Getty Images

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Alex Wong/Getty Images

Janet Yellen attends to an event last month presenting the incoming Biden administrations economic team in Wilmington, Del. Yellen is the first lady to lead the Treasury Department.

Alex Wong/Getty Images

Yellens verification comes 232 years after Alexander Hamilton took office as the countrys first Treasury secretary. Yellen was quicker to follow her predecessor in scoring her own, hip-hop musical salute. Less than 5 years after the musical “Hamilton” debuted on Broadway, the public radio program Marketplace commissioned a comparable homage to Yellen from The Hamilton Mixtape factor Dessa. “Shes 5-foot nothing, but hand to God/ She can pop a collar, she can rock a power bob,” Dessa raps– a nod to Yellens no-nonsense hairstyle and her diminutive stature. Height was reportedly a factor when then-President Trump decreased to choose Yellen for a second term as Fed chair, selecting Jerome Powell rather to head the central bank. Dessas rhymes also keep in mind Yellens trailblazing role in 3 of the federal governments most powerful economic jobs. “She requires a three-sided coin that constantly comes up heads/ To put the triple crown down when she goes to bed.” Yellen has actually long been an overachiever. At her Brooklyn high school in New York City, she was both valedictorian and editor of the school newspaper– a double function she caught by conducting a tongue-in-cheek interview with herself.

The Senate quickly validated Janet Yellen to be Treasury secretary on Monday, days after she won unanimous backing from both Democrats and Republicans on the Senate Finance Committee. Yellen will be the very first lady to lead the Treasury Department and will spearhead the Biden administrations reaction to the coronavirus economic crisis. While Senate Republicans have questioned Bidens economic proposals, they voiced few doubts about Yellen. Yellens verification comes 232 years after Alexander Hamilton took office as the countrys very first Treasury secretary. Dessas rhymes likewise keep in mind Yellens trailblazing role in three of the federal governments most powerful economic jobs.

The Senate rapidly validated Janet Yellen to be Treasury secretary on Monday, days after she won consentaneous backing from both Democrats and Republicans on the Senate Finance Committee. Yellen will be the very first woman to lead the Treasury Department and will spearhead the Biden administrations reaction to the coronavirus economic crisis.

A labor economist by training, Yellen chaired the Federal Reserve from 2014 to 2018. While Senate Republicans have actually questioned Bidens economic propositions, they voiced few doubts about Yellen.

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