How important will the next treasury secretary be in reviving the economy?
If confirmed, Janet Yellen would be the first woman to ever serve as Treasury Secretary. So what does it look like to take over the United States Department of the Treasury in the middle of an economic crisis?
The Week in Philly from KYW Newsradio
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Show Notes
President elect Joe Biden's cabinet is coming together, and one of the higher profile names is former Federal Reserve chair Janet Yellen, who's been asked to head up the Treasury Department. If confirmed, she would be the first woman to ever serve in that role. So what does it look like to take over the United States Department of the Treasury in the middle of an economic crisis? What kind of leverage does the Treasury Secretary have to influence the gears and wheels of the economy? And what skills and experience will Janet Yellen bring to the job? Dr. Sam Rosen, Assistant Professor of Finance at Temple University's Fox School of Business joins KYW Newsradio In Depth to talk about what the job of Treasury Secretary entails, and the role Janet Yellen will be playing to try and bring the country back from an economic nightmare.
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