Economic Policy
Photo of Brian Deese
Director, National Economic Council
Brian Deese
No Confirmation needed
Announced Dec. 3, 2020
The position: Top adviser to the president on economic policy and related decisions.
The person: Brian Deese was deputy director of the National Economic Council, a top official at the Office of Management and Budget, and climate adviser in the Obama White House. Since then, he has worked at BlackRock as the global head of sustainable investing.
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Photo of Janet Yellen
Secretary of the Treasury
Janet Yellen
Confirmed by Senate
(Vote: 84-15)
Announced Nov. 30, 2020
Confirmed Jan. 25, 2021
The position: Advises on economic policy and the financial system
The person: Janet Yellen was chair of the Federal Reserve from 2014 to 2018. She was also chairwoman of the White House Council of Economic Advisers during the Clinton administration. Yellen was the first woman to run the Federal Reserve, and is the first woman to run the Treasury Department.
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Photo of Cecilia Rouse
Chair, Council of Economic Advisers
Cecilia Rouse
Confirmed by Senate
(Vote: 95-4)
Announced Nov. 30, 2020
Confirmed March 2, 2021
The position: Advises the president on economic policy.
The person: Cecilia Rouse is the first African American to chair the CEA. Prior to that she was a labor economist and the dean of Princeton University's School of Public and International Affairs. Rouse served as a member of the CEA during the Obama administration and was part of the National Economic Council during the Clinton administration.
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Photo of Katherine Tai
U.S. Trade Representative
Katherine Tai
Confirmed by Senate
(Vote: 98-0)
Announced Dec. 10, 2020
Confirmed March 17, 2021
The position: Advises on trade policy and negotiates trade deals.
The person: Katherine Tai was chief trade counsel for the House Committee on Ways and Means. She was previously a senior member of the Office of the General Counsel for the U.S. trade representative during the Obama administration, responsible for China trade enforcement issues. Tai is the first woman of color to hold this position.
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Photo of Gina Raimondo
Secretary of Commerce
Gina Raimondo
Confirmed by Senate
(Vote: 84-15)
Announced Jan. 7, 2021
Confirmed March 2, 2021
The position: Advises on trade policy, collects economic data, oversees the census, the National Weather Service and NOAA.
The person: Gina Raimondo was most recently governor of Rhode Island. Earlier in her career, she founded a venture capital firm and was the state's general treasurer. Raimondo focused on workplace training, small business loans and clean energy during her two terms as governor.
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Photo of Isabel Guzman
Chief of Small Business Administration
Isabel Guzman
Confirmed by Senate
(Vote: 81-17)
Announced Jan. 7, 2021
Confirmed March 16, 2021
The position: Provides assistance to small businesses.
The person: Isabel Guzman has been director of California's Office of the Small Business Advocate, and a senior official at the Small Business Administration during the Obama administration. Earlier in her career, she was an adviser at ProAmérica Bank.
Photo of Adewale
Deputy Secretary of the Treasury
Adewale "Wally" Adeyemo
Confirmation needed
Announced Nov. 30, 2020
The position: Works directly with the Secretary of Treasury, assisting with economic policy and the financial system.
The person: Wally Adeyemo is the president of the Obama Foundation. He was senior international economic adviser in the Obama White House, and was the first chief of staff for the Consumer Financial Protection Bureau. Adeyemo would be the first African American deputy secretary at the Treasury Department.
Photo of Jared Bernstein
Member, Council of Economic Advisers
Jared Bernstein
No Confirmation needed
Announced Nov. 30, 2020
The position: Advises the president on economic policy.
The person: Jared Bernstein was Biden's chief economist in the Obama White House. A former social worker, Bernstein is a senior fellow at the Center of Budget and Policy Priorities, a left-leaning think-tank.
Photo of Heather Boushey
Member, Council of Economic Advisers
Heather Boushey
No Confirmation needed
Announced Nov. 30, 2020
The position: Advises the president on economic policy.
The person: Heather Boushey is a longtime economic adviser to Biden. She is the CEO of the Washington Center for Equitable Growth, a nonprofit research group. She also worked for Hillary Clinton's 2016 presidential campaign.
Photo of Rohit Chopra
Director, Consumer Financial Protection Bureau
Rohit Chopra
Confirmation needed
Announced Jan. 18, 2021
The position: Enforces federal consumer financial laws.
The person: Rohit Chopra is a commissioner on the Federal Trade Commission. An ally of Sen. Elizabeth Warren, D-Mass., he previously was the assistant director of the Consumer Financial Protection Bureau, where he worked on protections for people with student loans.
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Photo of Gary Gensler
Chair, Securities and Exchange Commission
Gary Gensler
Confirmation needed
Announced Jan. 18, 2021
The position: Heads the agency that regulates securities markets and protects investors.
The person: Gary Gensler was head of the Commodity Futures Trading Commission where he led derivatives markets reforms in the wake of the 2008 market crash. Previously, he worked at Goldman Sachs before working in former President Bill Clinton's Treasury Department.
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