Connect with us

Fashion

Joe Biden to Name Janet Yellen as Secretary of the Treasury

If confirmed, Janet Yellen would be the first woman to serve as Treasury Secretary….

Joe Biden has reportedly picked Janet Yellen, the former chair of the Federal Reserve Board, to be the next Secretary of the Treasury, a choice that will make history. There have been 77 Treasury Secretaries in the history of the United States, from Alexander Hamilton to Steve Mnuchin. None before Yellen has been a woman.

The news was first reported by The Wall Street Journal and then confirmed by several other news outlets.

Yellen is a well-known labor economist who taught at both Harvard and the University of California, Berkeley. She was also chairwoman of the White House Council of Economic Advisers during the Clinton administration, president of the Federal Reserve Bank of San Francisco, a Fed governor, Fed vice chair, and then, finally, the first woman to chair the Federal Reserve. 

If confirmed, Yellen, 74, would also be the first person to have held the three key economic positions in the U.S. government: Fed chair, the head of the White House Council of Economic Advisers, and now Secretary of the Treasury.

Neither Biden nor Yellen have commented publicly on her appointment.

Biden disclosed to reporters last week that he would name a new Treasury Secretary around Thanksgiving, saying, “[You’ll] find it is someone who I think will be accepted by all elements of the Democratic Party, progressives through the moderate coalition.” From the beginning, Yellen was a leading contender for the job, along with another woman, Federal Reserve Governor Lael Brainard. Other leading candidates were said to be Sarah Bloom Raskin, a former Fed governor, and Raphael Bostic, president of the Federal Reserve Bank of Atlanta.

Advertisement

Yellen resigned from the Fed in 2017 when, breaking with decades of tradition, President Trump did not re-appoint her for a second term, instead naming Jerome Powell as the new chair. In letter of resignation to Trump, Yellen said she was “gratified that the financial system is much stronger than a decade ago,” and that the economy had improved substantially under her watch. Also in the letter, she pointed out that 17 million jobs had been added since the financial crisis and that the Fed was close to achieving it goals of “maximum employment and price stability.”

Advertisement

Fashion

Raekwon Unveils “The Emperor’s New Clothes” With All-Star Lineup

H

Raekwon, a legendary rapper known for his role in the Wu-Tang Clan, has just announced his long-awaited eighth studio album, titled “The Emperor’s New Clothes,” set to be released through Mass Appeal. Although no singles have been shared yet, the album is already creating a buzz and is highly anticipated this summer. It’s been seven years since Raekwon last released a solo album, and this new project feels more like a grand return than just another release.

He’s teamed up with a mix of familiar faces from the Wu-Tang Clan and some fresh talent in hip-hop. Listeners can look forward to clever lyrics and captivating stories filled with raw emotion. Raekwon has invited his Wu-Tang brothers Ghostface Killah, Method Man, and Inspectah Deck to feature on the album, ensuring a classic blend that fans love. He’s also brought in well-respected artists outside of the Wu-Tang family, like Nas and members of the Griselda collective, Westside Gunn, Benny The Butcher, and Conway The Machine, who are known for their gritty style.

Adding to the variety, singers Stacy Barthe and Marsha Ambrosius will provide soulful vocals to complement Raekwon’s hard-hitting verses. The album’s production features talented names like Swizz Beatz, Nottz, J.U.S.T.I.C.E League, Frank G, and Roadsart, promising a rich, cinematic sound that matches Raekwon’s lyrical skills. Even with such an impressive lineup, there’s still a sense of mystery around the album. There have been no early songs or previews released, just the announcement itself, which builds even more expectation.

But for Raekwon, this is part of his journey. He has always delivered powerful lyrics and relatable street stories without much introduction. The title, The Emperor’s New Clothes, suggests a fresh start and a daring vision that might challenge the current state of rap. With his experienced flow and storytelling still sharp, Raekwon seems prepared to reestablish his place among the top artists in hip-hop.

Continue Reading

Fashion

Wendy Williams Makes Stylish Splash At Columbia Supporting Her Designer

H

In a delightful surprise for fans and fashion enthusiasts, Wendy Williams made a rare appearance at Columbia University on Tuesday, and everyone couldn’t help but notice her. The former talk show host was in high spirits as she showed up to support her longtime friend and fashion designer, Mel Maxi. Wendy looked fantastic in a stylish black-and-white outfit that included a Yankee hat and her trademark flair.

Designed by Maxi himself, her outfit was not just chic but also had a personal touch that highlighted her vibrant personality. In a heartwarming moment recorded on video, Wendy told Maxi, “This is amazing! This was specifically designed for me… this is really hand done.” Wendy came to cheer on Maxi, who was set to give a lecture about fashion design at the prestigious university. Her appearance was a meaningful moment between two creative friends who have supported each other for years. Wendy’s presence emphasized the importance of friendship and collaboration in the creative world.

As she walked by, a nearby fan shouted their love for Wendy, and she instinctively responded with her signature warmth and enthusiasm: “Thank you!” she exclaimed with a big smile. After being away from the spotlight for months, Wendy’s visit was a refreshing change for fans who have missed her lively spirit. There were no fancy events or flashing cameras, just Wendy enjoying the moment, supporting a friend, and reminding us all of the significance of showing up for the people we care about.

Continue Reading

Video Of The Week

Trending