US president-elect Joe Biden will nominate former Federal Reserve chair Janet Yellen for the post of treasury secretary in his administration.
Biden’s transition team on Monday also confirmed other economic posts, including Neera Tanden to head up the Office of Management and Budget and Cecilia Rouse as chair of the Council of Economic Advisers.
If confirmed by the Senate, Yellen would become the first woman to hold the top post at Treasury and would help Biden follow through on a promise of building a diverse cabinet.
Tanden will likely face an uphill confirmation battle amid various disputes with Republicans.
She also faces detractors within her own party, though Democrats would ultimately be expected to fall in line.
Tanden served as policy director for Hillary Clinton’s 2008 presidential campaign.
Before that, she served as legislative director in Clinton’s Senate office and deputy campaign manager and issues director for Clinton’s 2000 Senate campaign.