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.
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.”
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Mike Amiri’s Fashion Empire, Unveiling the 2024 Net Worth of the Trendsetting Designer
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Artist Spotlight
Shreyaa Sumi: A Red Carpet Sensation with a Story of Triumph
In the glitzy world of fashion and entertainment, certain personalities shine bright, capturing the hearts of audiences worldwide. One such luminary is Shreyaa Sumi, a multi-talented individual who has left an indelible mark on the global fashion scene. Shreyaa has become a symbol of success, juggling roles as an American model, actress, and a devoted wife and mother. Let’s delve into the fascinating journey of this accomplished individual who recently graced the Los Angeles fashion show with her stunning presence.
Red Carpet Glamour at Los Angeles Fashion Show:
Shreyaa Sumi recently stole the spotlight at a Los Angeles fashion show, turning heads with her radiant red look. The Instagram sensation posted a video flaunting her glamorous ensemble – a short and sassy red dress paired with long black shoes and a chic red jacket. The caption, “What time is it? It’s showtime! Thank you for inviting me to your private NY Red Carpet event,” exuded confidence and excitement. The location tag placed her at the heart of the entertainment world – Los Angeles, Hollywood.
Early Life and Modelling Beginnings:
Shreyaa Sumi embarked on her modeling journey in India, where her passion for fashion and media first took root. However, it wasn’t until she moved to the United States with her husband Vijai, that she decided to pursue her dreams on an international scale. From that point forward, there was no looking back for Shreyaa.
Family and Personal Life:
Beyond the glitz and glamour, Shreyaa Sumi is a proud wife to Vijai and a doting mother to her daughter, Sia Vijai. Her ability to balance a thriving career with family life is a testament to her resilience and dedication. In media interviews, Shreyaa has openly shared how her family has been her pillar of support, standing by her throughout her journey to turn dreams into reality.
Awards and Accolades:
Shreyaa Sumi’s success in the fashion industry is underscored by a slew of prestigious awards. In 2022, she clinched the title of Mrs Universe Asia USA, a testament to her excellence on the international stage. Additionally, she has been honored with a doctorate, recognizing her outstanding contributions to the fields of media and fashion. Shreyaa also holds the Asia’s Women of Influence Lifetime Achievement Award, further solidifying her status as an industry trailblazer.
Shreyaa Sumi’s story is one of triumph, resilience, and unwavering determination. From her modest beginnings in Tamilnadu, India, to gracing the red carpet in Hollywood, she has come a long way. As an American model, actress, and a devoted wife and mother, Shreyaa Sumi continues to inspire aspiring individuals in the fashion and entertainment industry. With a string of accolades to her name and a supportive family by her side, Shreyaa is indeed a force to be reckoned with in the world of glamour and fame.
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