Biden Terrific Economic Team

It’s Joe. This year not only saw smaller gatherings around the Thanksgiving table, but also a lot more uncertainty for many American families. The COVID-19 pandemic has not only caused a public health crisis, but an economic crisis, too.

It will be the job of Vice President-elect Kamala Harris and me to take this economic crisis head-on, and deliver immediate relief for the American people.

That’s why I am proud to present to you my nominations for our economic leadership team who will help us build our economy back better than ever:

Janet Yellen as Secretary of the Treasury
Janet is one of America’s leading economists. She served as the 15th Chair of the Federal Reserve, the first woman to lead America’s central banking system. And now, if confirmed, she will break another glass ceiling as the first woman to serve as Secretary of the Treasury in its 231 years of existence, and the first person to ever serve as Treasury Secretary, Chair of the Federal Reserve, and Chair of the Council of Economic Advisers. I am proud to have her trail-blazing leadership at the helm of my economic team.

Neera Tanden as Director of Office of Management and Budget
Neera is battle-tested and ready to get the job done as our next Director of Office of Management and Budget. She has been at the forefront in creating policies designed to support America’s working families. She’ll fight for your family as if it were her own, because her experience as a child relying on food stamps and Section 8 housing instilled in her a belief that our economy must serve the dignity and humanity of all people. If confirmed, she’ll be the first woman of color and the first South Asian American to lead the OMB, and I’m excited to watch her make history.

Wally Adeyemo as Deputy Secretary of the Treasury
During the Obama-Biden administration, Wally was front and center at the economic decision-making table. Among a broad range of posts, he served as President Obama’s international economic adviser, and now currently serves as the president of the Obama Foundation. If confirmed, he would be the first African American Deputy Secretary of the Treasury. There is no one better equipped for this post to help lead America out of its current economic crisis, and I’m proud to have Wally on the team.

Cecilia Rouse as Chair of the Council of Economic Advisers
If confirmed to this post, Cecilia Rouse will become the first African American and just the fourth woman to lead the Council of Economic Advisors. She served on this council during the Obama-Biden administration, and the National Economic Council during the Clinton administration. Cecilia is now the Dean of the Princeton School of Public and International Affairs, and I know that she is an accomplished leader who has the experience to get things done and deliver real results.

Jared Bernstein as Member of the Council of Economic Advisers
Jared is one of my most trusted economic advisors, having served as my chief economist in the Obama-Biden administration. His previous work as Executive Director of the Obama-Biden White House Task Force on the Middle Class, at the Economic Policy Institute, the Clinton Administration, and as a social worker make him uniquely equipped to lead on economic policies that expand opportunity for working Americans.

Heather Boushey as Member of the Council of Economic Advisers
I’ve known Heather for a long time, and I know she’ll make a terrific addition to the CEA. She is a leading voice on matters of economic policy, and now serves as President & CEO of the Washington Center for Equitable Growth. Heather has years of experience at think tanks and on Capitol Hill, and is an expert on the impact of structural inequities on economic growth. I’m proud to have her on board.

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