US President-elect Joe Biden to nominate Janet Yellen as US treasury secretary.
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".
Mr Biden has also announced the formation of a Presidential Inaugural Committee ahead of his swearing-in on 20 January. The committee will be responsible for organising inauguration-related activities.
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