Janet Yellen was sworn in as Treasury Secretary (Finance Minister) on Tuesday after the US Senate confirmed the nomination. Janet Yellen was previously the head of the US central bank Federal Reserve.
Janet Yellen has become the US Finance Minister. She is the first woman finance minister in US history. He was sworn in as Treasury Secretary (Finance Minister) on Tuesday after confirmation of nomination by the Senate. Significantly, in the government of President Joe Biden, in the form of Kamala Harris, America has also got the first female Vice President. Janet Yellen was previously the head of the US central bank Federal Reserve. In 2014, she was the first woman to become the head of the Federal Reserve.
These are challenges
He will have the responsibility to implement President Joe Biden’s $ 1.9 trillion US relief plan. Under this, people have to be given a check of $ 1,400. Similarly, more funds are also needed for Kovid-19 vaccination and testing.
More Read: India will be the only major country in the world with double-digit GDP growth this year: IMF
This is priority
Yellen said that his first priority would be to provide housing and food to all Americans, and also that all people return to work safely.
After his nomination, Yellen said last week that the size of this huge relief package was reasonable and said that the responsibility of the present government is to first take out the country and its people from the effects of the epidemic.
What did yellen say
He had said, “Right now interest rates have historically reached a low level, so something big has to be done. First of all, relief has to be given to those sections which need the most, such as minority workers, women.
