Biden’s Cabinet Picks, Part 1: Janet Yellen


Janet Yellen, who is poised to become secretary of the Treasury, will immediately have her work cut out for her. The U.S. economy is in a precarious state and Congress is consumed by partisan politics.

Ms. Yellen, however, is no stranger to crisis. She has already held the government’s other top economic jobs — including chairwoman of the Federal Reserve from 2014 to 2018, helping the country through the last major financial emergency.

Now, facing another steep challenge, we look at the measures she might take to get the economy humming again.

Guest: Jeanna Smialek, who covers the Federal Reserve and the economy for The New York Times.

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