Biden Treasury Pick Janet Yellen Promises to Use Department to Address Race, Gender and the ‘Climate Crisis’
“Racial disparities in pay, job opportunities, housing, food security, and small business lending to deny wealth building to communities of color.”
Former Federal Reserve Chairwoman Janet Yellen is Joe Biden’s pick to head the Treasury Department. During recent remarks, Yellen pledged to use the department to address many issues, including those of race, gender disparity,and the climate crisis.
The Democratic party’s approach to policy is now nearly indistinguishable from that of progressive activists on college campuses.
Julio Rosas reports at Townhall:
Here Is What Treasury Pick Janet Yellen Promises to Use the Department to Address
oe Biden has picked former Federal Reserve Chairwoman Janet Yellen to head the Department of the Treasury for his administration. During her introduction on Tuesday, Yellen promised to use the Treasury Department to address racial inequality, “gender disparities,” and “the climate crisis.”
Yellen said during the announcement in Wilmington, Del. that the COVID-19 pandemic, and the ensuing lockdowns, made problems worse for less fortunate Americans.
“So many people struggling to put food on the table and pay bills and rent. It’s an American tragedy. And it’s essential that we move with urgency. Inaction will produce a self-reinforcing downturn causing yet more devastation. And we miss — we risk missing the obligation to address deeper structural problems. Inequality, stagnant wages, especially for workers who lack a college education. Communities that have seen industry disappear with no good jobs replacing lost ones,” Yellen said.
“Racial disparities in pay, job opportunities, housing, food security, and small business lending to deny wealth building to communities of color. Gender disparities to keep women out of the workforce and keep our economy from running at full force. It’s a convergence of tragedies that is not only economically unsustainable but one that betrays our commitment to giving every American an equal chance to get ahead.”
Here’s the video:
The identity obsessed left is focused almost entirely on Yellen’s gender:
President-elect Joe Biden announces his senior economic team, including Janet Yellen to be the first woman to head the Treasury Department. The appointments also include a number of liberal economists and policy specialists. https://t.co/dmq6DZivS2
— AP Politics (@AP_Politics) November 30, 2020
Brooklyn native Janet Yellen was selected to lead President-elect Biden's economic team.
She would be the first woman to ever hold the title of Treasury Secretary.
There is no one more qualified to lead the U.S. Treasury at this critical moment for American families.
— Chuck Schumer (@SenSchumer) November 30, 2020
Joe Biden is openly asking @Lin_Manuel to write a musical about Janet Yellen as the first woman to be Treasury Secretary.
— Matt Viser (@mviser) December 1, 2020
Biden announced that he intends to nominate Janet Yellen to head the US Treasury Department.
Yellen made history in 2014 when she became the first woman chair of the Federal Reserve. Now she could make history again as the first woman Treasury secretary: https://t.co/7lW17p8JkX pic.twitter.com/h0vkttRznC
— Vox (@voxdotcom) November 30, 2020
Yellen is another member of the permanent, unelected, bureaucrat class in Washington, DC.
In other words, the swamp.
Featured image via YouTube.
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Comments
Was she delirious when she made this rant? I want eh best and brightest not a box of crayons looking out for themselves running the country.
People are at their best when they are striving to achieve a better life. Work, to learn and then to apply what one learns is good for the soul.
Sitting around, scheming to get things unearned, poisons the soul. Democrats and their degenerate followers, of color and otherwise, are stewing in that poison.
About on equal footing with NASA, during the reign of Ozymandias-on-the-Potomac, deciding one of its core missions was to make Arabs feel good about their accomplishments.
When all you possess is a hammer, everything looks like a nail.
…make that….hammer and sickle…
Arabs are for the most part, collectively a throughly disagreeable people. Islam caused them to stagnate, and to inbreed, for the past 1400+ years. We don’t see many Arabs striving to solve their own problems, they pray to a long dead barbarian. They have a fatalistic mindset, that success of failure is the will of Allah, leading to a life of failure.
Four years of these F***ing idiots…goodbye Dow 30,000…
With rampant inflation the Dow can hit Zimbabwe heights.
When will the stock market recover, my first guess is never.
Paul Krugman Nov 2016
I’m so sick of everything orbiting around race and “gender “ I could hit someone.
May have to.
I think this has gone too far for a B slap to fix. It probably will take lead.
Would you prefer more GREEEEEN?
Good bye, America. It was nice knowing you. If Trump can’t pull out a win, we’re doomed. That’s not hyperbole. The economy will never come back. Jobs will be sent overseas. The flood gates of illegal immigration will be opened. Military will be decimated once again. And the list goes on.
I live in San Francisco – not for much longer. As a native Californian, I’ve seen first hand how these people destroy once vibrant and successful communities. Expect more non-profits and gov’t bloat. Higher taxes. Fewer resources. Regulations that choke the life out of business and individual liberty. California is their gold standard.
And before you say, “you get what you vote for,” what’s happening with the national elections right now has been going on in California for decades. Once they got power they changed the rules to keep it. That’s why we have a super majority. That’s why Newsom hasn’t been recalled yet.
If we don’t stand up and fight for this country now, there won’t be anything left in four years. Heck, we’ll probably be bowing to Chairman Xi in two.
God bless, America. Now, praise the Lord and pass the ammunition.
I highly doubt she believes any of this nonsense she feels obligated to spout. She knows there’s a braying mob of juvenile nitwits who don’t have the slightest clue what the Treasury Department’s function is ready to land on her doorstep at a moment’s notice if she doesn’t pay lip service to the woke scripture. I hate these people so much. I can only hope their clown show is somewhat entertaining in its ineptitude.
Without specifics, her statement is simply the required boilerplate. The devil is in the details, which we have yet to see.
And we won’t, ever. Because us hicks are too stupid and uneducated to understand what’s good for us, so we just have to take their pronouncements and actions on faith.
We cannot afford anymore of these clowns.
Sounds good. She knows nothing about economics, banking, finance or government but is an enthusiastic activist.
Another merchant of slime. Biden likes them like that.
What makes you think she doesn’t know anything about those things? On the contrary, she knows a good deal about them. She’s one of the better picks of this sorry lot.
Yellen promised to use the Treasury Department to address racial inequality, “gender disparities,” and “the climate crisis.”
—–
Another turn of the can’t-buy-or-sell ratchet unless you have either the mark, the name or the number.
Among the people struggling to put food on the table are the owners of local restaurants that are shut down by state edicts. Let’s not forget about them.
Heaven help us all…… the nutjobs are back.
So no change from Mnuchin. Relax. The Bernies were demanding that Biden appoint Fauxcahontas. And Bernie is still campaigning for Labor Secretary (won’t happen). And then there is the House Speaker rebellion shaping up. The Bernies are being purged.
“Yellen said during the announcement in Wilmington, Del. that the COVID-19 pandemic, and the ensuing lockdowns, made problems worse for less fortunate Americans.”
So dispense with the “covid”/”pandemic”/lockdown/mask/vaccine nonsense. Problem solved.
Can’t do that until Trump is out of office.
What’s Janet Yellen about now?
“Take my wife…PLEASE!” *rimshot*
First, help generate a world leading economy, get the deficit under control, then, and only then, dabble in Social Justice. Never happen!
Are there enough black male lesbians to fill a USG department?
Only ones having Spanish sur-names, please.
Yellen, Yeltsin, something about phonics that souds too close.
Geitner money had “tax cheat” on it in protest, what will her cash get?
There is nothing that a secretary of the Treasury can or cannot do without Oversight and acquiescence from the president. So it is not all that surprising that Janet Yellen made those statements. I would expect the same from any cabinet nominee, and possibly even from anyone whom Biden hires to be a chef at the White House: incorporate dishes representing the many cultures of America, etc etc. But I would hope that Janet Yellen has been in the government long enough to know that there is such a thing as separation of powers, and that there are limits to what the President and Treasury can do by executive order and regulations, and that in the current environment transgressing those limits may result in an injunction in the courts or possibly a rebuke from Congress. E.g., trying unilaterally to forgive federally guaranteed debt would be difficult enough; trying to bias a program like that or to encourage home or business ownership in favor of one or another racial group would be slapped down quickly. Indeed, the set-asides for minority owned businesses already in the law are potentially vulnerable. And if Biden nominates any judges who say that they intend to use their judicial office to correct perceived inequalities, there is a high likelihood that they will not get confirmed, which begs the question of whether anyone whom he nominates for a judgeship will get confirmed if the Republicans still control the Senate, My own view being that as long as he avoids the lunatic fringe, he will draw the votes of Murkowski Collins and Romney and maybe a few others.
Prepare for more racial and sexual preferences and quotas for getting government loans. These quotas should be illegal by existing law, but they are ingrained into our financial system. For example, see:
https://www.mbda.gov/
It’s time to bring these racial and sexual preferences before the Supreme Court.
And there are nuclear options. President Trump is apparently exercising one currently in threatening to veto a military appropriations bill if the infamous section 230 of the Communications Decency Act, which insulates social media from liability for what gets posted, in not repealed. It’s difficult to make threats like this because you can end up cutting off your nose to spite your face and getting blamed for, e g., failing to fund the military, but there may actually be enough lefty House members who for their own reasons are upset with the power of companies like Google, Facebook and Twitter, that you could get majorities in Congress to change the law to remove the protection from defamation and to make any company that decides to censor anything responsible for those choices.
If that were to happen say goodbye to this forum and all other ones. Prof J would not be able to keep it open. Nor could anyone. The big platforms could maybe do it; nobody else.
What does any of that bullshit have to do with the national treasury?
In other words: continued embezzlement.
This is kind of like John Gotti becoming mayor of NYC.
We can’t stand still for this mafia-like control over us.
All the “workplace” issues related to gender and race will be addressed by the Treasury Department? If so .. eliminate (at least downsize) the Department of Labor! who needs it? Ditto for HUD.