Biden's Economic Picks Suggest Focus on Workers and Income Equality
WASHINGTON — President-elect Joseph R. Biden Jr. formally announced his top economic advisers on Monday, choosing a team that is stocked with champions of organized labor and marginalized workers, signaling an early focus on efforts to speed and spread the gains of the recovery from the pandemic recession.
The selections build on a pledge Mr. Biden made to business groups two weeks ago, when he said labor unions would have “increased power” in his administration. They suggest that Mr. Biden’s team will be focused initially on increased federal spending to reduce unemployment and an expanded safety net to cushion households that have continued to suffer as the virus persists and the recovery slows.
In a sign that Mr. Biden plans to focus on spreading economic wealth, his transition team put issues of equality and worker empowerment at the forefront of its news release announcing the nominees, saying they would help the incoming administration create “an economy that gives every single person across America a fair shot and an equal chance to get ahead.”
Mr. Biden’s picks include Janet L. Yellen, the former Federal Reserve chair, who if confirmed would be the first woman to serve as Treasury secretary; Cecilia Rouse of Princeton University, the first Black nominee to head the White House Council of Economic Advisers; and Neera Tanden of the Center for American Progress think tank, who would be the first woman of color to run the Office of Management and Budget. All three have focused on efforts to boost worker earnings and reduce racial and gender discrimination in the economy.
https://www.msn.com/en-us/news/politics/bidens-economic-picks-suggest-focus-on-workers-and-income-equality/ar-BB1buOeR?li=BBnb7Kz
= new reply since forum marked as read
he's been listening.
