Bipartisan group of top officials urges Court to reject Trump's effort to fire Fed governor
Read full article: Bipartisan group of top officials urges Court to reject Trump's effort to fire Fed governorA bipartisan group of former Federal Reserve chairs, Treasury secretaries, and top White House economists urged the Supreme Court Thursday to reject an attempt by President Donald Trump to fire Federal Reserve governor Lisa Cook.
Black members of Biden's Cabinet mark Black History Month
Read full article: Black members of Biden's Cabinet mark Black History MonthBlack members of President Joe Biden's Cabinet came together Thursday for a Black History Month event highlighting their roles in the administration, some of which are historic firsts.
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Unveiling economic team, Biden pledges, 'Help is on the way'
Read full article: Unveiling economic team, Biden pledges, 'Help is on the way'He picked liberal advisers who have long prioritized the nation’s workers and government efforts to address economic inequality. Biden repeatedly evoked his work as vice president when the Obama administration oversaw the economic recovery following the 2008 financial crisis, noting that many of those on his newly formed economic team worked closely with him then. “We might have to ask Lin-Manuel Miranda, who wrote a musical about the first secretary of the treasury, Hamilton, to write another musical about the female secretary of the treasury,” Biden joked. The president-elect also selected Wally Adeyemo to be Yellen’s deputy, which would make him the first Black deputy treasury secretary. As he has in recent weeks, Biden repeated calls for Congress to pass immediate pandemic relief funding even before he takes office.
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Biden names liberal econ team as pandemic threatens workers
Read full article: Biden names liberal econ team as pandemic threatens workers– With unemployment still high and the pandemic threatening yet another economic slump, President-elect Joe Biden is assembling a team of liberal advisers who have long focused on the nation’s workers and government efforts to address economic inequality. Biden also selected Wally Adeyemo to be Yellen’s deputy, which would make him the first Black deputy treasury secretary. “They’re fairly conventional liberal economists and experts.”Still, the Biden administration’s ambitious goals will face solid opposition from Republicans in Congress. She first made her mark in the Clinton orbit, and served as policy director for Hillary Clinton’s 2008 presidential race. Bernstein has also worked as a social worker and was an economist at the Economic Policy Institute, a labor-supported think tank.
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Biden names liberal econ team as pandemic threatens workers
Read full article: Biden names liberal econ team as pandemic threatens workersBiden also selected Wally Adeyemo to be Yellen’s deputy, which would make him the first Black deputy treasury secretary. Rouse, Tanden and Adeyemo will all require Senate confirmation, and Tanden in particular is already drawing heavy Republican criticism. “They’re fairly conventional liberal economists and experts.”Still, the Biden administration’s ambitious goals will face solid opposition from Republicans in Congress. She first made her mark in the Clinton orbit, and served as policy director for Hillary Clinton’s 2008 presidential race. Bernstein has also worked as a social worker and was an economist at the Economic Policy Institute, a labor-supported think tank.