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ABA: The American Bankers Association
Statement

ABA Statement on Janet Yellen's Historic Nomination to Serve as U.S. Treasury Secretary

"We welcome President-elect Biden's historic decision to nominate Janet Yellen to serve as the next Secretary of the Treasury. Her past public service as Federal Reserve Board Chair and her years of experience in economics prepare her well for the challenges facing the country. Dr. Yellen understands the critical role banks play in the economy, and if confirmed, we look forward to working with her and the rest of the President-elect's economic team to bolster the recovery and expand opportunities and prosperity for all Americans."

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $21.2 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $17 trillion in deposits and extend nearly $11 trillion in loans.

Press Contact

Ian McKendry

(202) 663-5473

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