Janet Yellen Poised To Become 1st Woman To Head Treasury Department

By Firstladyb

President elect Joe Biden announced on Monday that he has chosen Janet Yellen as Sec. of Treasury; if confirmed she will become the 1st woman to hold the position.

Yellen became an economist at a time when you didn't see a lot of women entering the field and even fewer saw advancement in the male-dominated environment. She is the former chair of the Federal Reserve and made history then as the first woman to hold the position, which she held from 2010-2014.

Recently she has been a champion of continued government support for workers and businesses during the pandemic, publicly warning that a lack of aid to state and local governments could slow recovery.

"While the pandemic is still seriously affecting the economy, we need to continue extraordinary fiscal support," she said in a Bloomberg Television interview in October.