Biden, the economic team also nominated its first female finance minister. - Janet Yellen
US President-elect Joe Biden has named ex-Federal Reserve chair Janet Yellen as his nominee for treasury secretary. If confirmed by the Senate, she would be the first woman ever to hold the post. She was among several women chosen for top economic positions. The Biden transition team said others were set to break racial barriers if confirmed. Mr Biden has pledged to build a diverse administration. He earlier appointed an all-female senior press team. His transition team said his picks for senior economic roles would help "lift America out of the current economic downturn and build back better". Janet Louise Yellen (born August 13, 1946) is an American economist at the Brookings Institution and a professor emeritus at the University of California, Berkeley, Haas School of Business. She served as the Chair of the Federal Reserve from 2014 to 2018, and as Vice Chair from 2010 to 2014. She was the first woman to head the Federal Reserve. Yellen was a Federal Reserve Board Governo