World

Biden names final economic team picks

President-elect has put forward ‘most diverse cabinet in American history’, says team statement

Updated 5 years ago · Published on 08 Jan 2021 2:30PM

Biden names final economic team picks
If her nomination is confirmed by the Senate, Rhode Island Governor Gina Raimondo will take on business-government relations as commerce secretary. – Twitter pic, January 8, 2021

WASHINGTON – United States president-elect Joe Biden yesterday unveiled his picks for commerce secretary, labour secretary and small business administrator to fill his incoming economics team.

The transition names Rhode Island Governor Gina Raimondo, Boston Mayor Martin Walsh and former Barack Obama official Isabel Guzman as nominees for the three positions, respectively. 

“With two dozen cabinet nominees announced, president-elect Biden has put forward the most diverse cabinet in American history,” said the Biden team in a statement. 

Biden already revealed choices for part of his economic team early last month, composed mostly of women, minorities and those who served under former president Obama. 

Most notable is former Federal Reserve chair Janet Yellen as Treasury secretary. 

“They share my belief that the middle class built this country, and that unions built the middle class,” said Biden of the group he has assembled, according to the statement. 

The new officials’ priority will be “digging us out from the worst jobs crisis in nearly a century by supporting small businesses, dramatically increasing union density, and rebuilding the backbone of America – our middle class”.

Last spring, the Covid-19 pandemic triggered the worst financial crisis since 1929, with millions of Americans losing their jobs or seeing their hours cut. 

If her nomination is confirmed by the Senate, Raimondo will take on business-government relations, handling issues such as trade wars instigated by President Donald Trump and how to regulate tech giants. 

Walsh wil be the first union leader to head the Labour Department in 50 years, according to the Biden statement, and will take on such tasks as reviewing working conditions disrupted by the pandemic.  – AFP, January 8, 2021

Related News

Opinion / 1y

The Trump dilemma and reclaiming balance: The urgent need for fair global trade

World / 1y

Biden drops out of presidential race

Malaysia / 2y

Sanctions on 4 Malaysia-based companies still in place, says US official

Business / 2y

US court orders J&J, Kenvue to pay US$45 million over death of baby powder user

World / 2y

Aid for Ukraine held hostage by US politics

Malaysia / 2y

Cops say no info yet on repatriation of two Malaysians from Guantanamo Bay

Spotlight

Opinion

When bullying turns violent, Malaysia must confront what is happening inside schools

By The Vibes Says

Malaysia

Malaysia-Thailand open historic border crossing to deepen trade, regional integration

By Ian McIntyre

Malaysia

Gerak Khas drama actress, Tisha Samsir denies drug involvement

Malaysia

Student stabbing: Teenage girl sent to Hospital Bahagia for psychiatric evaluation

Malaysia

Anwar wishes Tun M a happy 101st birthday

World

Israel shares intelligence with US over alleged Iranian plot to assassinate Trump

Malaysia

EPF members withdraw RM19.87 billion from Flexible Account as of May 31

Malaysia

Melaka: Student who was allegedly bullied chases schoolmate with box cutter

World

Fresh US-Iran strikes deepen Middle East crisis as ceasefire crumbles

You may be interested

World

Venezuela earthquake death toll climbs to 4,118 as relief efforts intensify

World

Trump: US and Iran to continue talks as Hormuz tensions overshadow fragile diplomacy

World

Minor earthquake shakes northern Thailand, no damage reported

World

Sri Lanka moves to ease prison overcrowding after deadly Negombo riot kills 28

World

Iran Foreign Minister to hold Oman talks on Strait of Hormuz security

World

Israel shares intelligence with US over alleged Iranian plot to assassinate Trump

World

AI set to reshape nearly 80 million jobs across Southeast Asia without mass layoffs

World

Typhoon Bavi disrupts S’pore flights as Japan, Taiwan and China brace for severe weather