Janet Yellen Accepts Nomination as First Woman Treasury Secretary: “It’s Essential We Move With Urgency”

In nominating Janet Yellen to be the next treasury secretary of the United States and tasking her to oversee the biggest economy in the world, President-Elect Joe Biden named the first woman ever appointed to the position.

“The value of work always stuck with me. So much so that I became an economist because I was concerned about the toll of unemployment on people, families and communities. And I’ve spent my career trying to make sure people can work and achieve the dignity and self-worth that comes with it,” Yellen said on Dec. 1, accepting her nomination in a moving speech.