Press Release

Yellen Is the Right Choice for All Working Families

Statement from AFL-CIO President Richard Trumka in response to today’s nomination:

President-elect Joe Biden has made history by nominating former Federal Reserve Board Chairwoman Janet Yellen to be the first female treasury secretary, moving away from decades of bipartisan Wall Street groupthink. As Federal Reserve chair, Janet Yellen made critical decisions that prioritized jobs and wages for all working people, including communities of color long ignored by economic policymakers. During this prolonged pandemic that is crushing working families from coast to coast, working people welcome this proven public servant who will bring a track record of smart, pro-worker policy to the Treasury Department. The AFL-CIO will never rest in our pursuit of a Workers First Agenda, and we look forward to partnering with the president-elect and Treasury Secretary-designate Yellen to bring a new and better day for all Americans.

Contact: Carolyn Bobb, 202-637-5018