© 2026 ABC News

Yellen has decades of experience as a financial regulator.

After chairing the White House Council of Economic Advisors in the later years of the Clinton administration, she helmed the Federal Reserve Bank of San Francisco from 2004 to 2010 and served as vice chair of the Federal Reserve Board from 2010 to 2014.

ABC News' Chris Donovan contributed reporting.

","canonicalUrl":"https://abcnews.com/Politics/biden-expected-tap-history-making-pick-janet-yellen/story?id=74235105","legacySlug":"/news/story/biden-expected-tap-history-making-pick-janet-yellen-74235105","noIndexNoFollow":false},"publishTime":"14:34","publishDate":"11-24-2020","updatedTime":"20:17","updatedDate":"11-24-2020","socialImage":{"alt":"Janet Yellen attend a news conference in Washington, D.C., Dec. 13, 2017.","credit":"Alex Wong/Getty Images, FILE","ratio":"16x9","url":"https://s.abcnews.com/images/International/election-janet-yellen-05-gty-llr-201123_1606163073165_hpMain_16x9_1600.jpg","width":992,"height":558},"datePublished":"11/24/2020 14:34:00 GMT","video":{"live":false,"id":74235105,"headline":"Biden expected to name Yellen for Treasury Dept.","mediaAssetTitle":"POTENTIAL BIDEN TREASURY PICK ","description":"If confirmed, Yellen would become the first woman to hold the top treasury job.","duration":"2:13","posterImg":{"url":"https://s.abcnews.com/images/GMA/default-img-undefined.png","width":608,"height":342},"video":{"feed":"https://service-pkgabcnews.akamaized.net/opp/hls/abcnews/2020/11/201123_wn_raddatz_636_west_,500,800,1200,1800,2500,3200,4500,.mp4.csmil/playlist.m3u8"},"playlist":["136644484","136522197","136167797"]},"relatedItems":[{"contentType":"video","date":"September 22, 2026","headline":"Attorney for man shot in ICE confrontation speaks out","section":"News","slug":"/video/136644484","id":"136644484","image":{"alt":"VIDEO: Attorney for man shot in ICE confrontation speaks out","credit":"ABCNews.com","ratio":"1x1","url":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_1x1_608.jpg","width":384,"height":384},"images":{"alt":"VIDEO: Attorney for man shot in ICE confrontation speaks out","credit":"ABCNews.com","crops":[{"16x9":{"small":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_16x9_608.jpg","medium":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_16x9_992.jpg","large":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_16x9_1600.jpg"}},{"9x16":{"small":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_9x16_608.jpg","medium":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_9x16_992.jpg","large":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_16x9_1600.jpg"}},{"1x1":{"small":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_1x1_608.jpg","medium":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_1x1_992.jpg","large":"https://s.abcnews.com/images/GMA/260922_gma_thomas_ice1_710_hpMain_1x1_1600.jpg"}}]}},{"contentType":"video","date":"September 17, 2026","headline":"Travis Kelce victimized by Ponzi scheme, prosecutor says","section":"News","slug":"/video/136522197","id":"136522197","image":{"alt":"VIDEO: Travis Kelce victimized by Ponzi scheme, prosecutor says","credit":"ABCNews.com","ratio":"1x1","url":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_1x1_608.jpg","width":384,"height":384},"images":{"alt":"VIDEO: Travis Kelce victimized by Ponzi scheme, prosecutor says","credit":"ABCNews.com","crops":[{"16x9":{"small":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_16x9_608.jpg","medium":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_16x9_992.jpg","large":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_16x9_1600.jpg"}},{"9x16":{"small":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_9x16_608.jpg","medium":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_9x16_992.jpg","large":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_16x9_1600.jpg"}},{"1x1":{"small":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_1x1_608.jpg","medium":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_1x1_992.jpg","large":"https://s.abcnews.com/images/GMA/260917_gma_katersky1_hpMain_1x1_1600.jpg"}}]}},{"contentType":"video","date":"September 3, 2026","headline":"Staffer injured, gunman dead in shooting at VA elementary school ","section":"News","slug":"/video/136167797","id":"136167797","image":{"alt":"VIDEO: Thomas VA. Shooting","credit":"ABCNews.com","ratio":"1x1","url":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_1x1_608.jpg","width":384,"height":384},"images":{"alt":"VIDEO: Thomas VA. Shooting","credit":"ABCNews.com","crops":[{"16x9":{"small":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_16x9_608.jpg","medium":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_16x9_992.jpg","large":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_16x9_1600.jpg"}},{"9x16":{"small":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_9x16_608.jpg","medium":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_9x16_992.jpg","large":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_16x9_1600.jpg"}},{"1x1":{"small":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_1x1_608.jpg","medium":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_1x1_992.jpg","large":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_1x1_1600.jpg"}}]}}],"relatedContentSection":"news","schemaContent":{"name":"Biden expected to name Yellen for Treasury Dept.","description":"If confirmed, Yellen would become the first woman to hold the top treasury job.","duration":"2:13","uploadDate":"11-24-2020","publication":"11-24-2020","images":"https://s.abcnews.com/images/GMA/default-img-undefined.png","url":"https://service-pkgabcnews.akamaized.net/opp/hls/abcnews/2020/11/201123_wn_raddatz_636_west_,500,800,1200,1800,2500,3200,4500,.mp4.csmil/playlist.m3u8","contentUrl":"https://service-pkgabcnews.akamaized.net/opp/hls/abcnews/2020/11/201123_wn_raddatz_636_west_,500,800,1200,1800,2500,3200,4500,.mp4.csmil/playlist.m3u8","link":"https://www.goodmorningamerica.com/news/story/biden-expected-tap-history-making-pick-janet-yellen-74235105"}},"playlist":[{"id":"136694294","contentType":"story","section":"news"},{"id":"136682772","contentType":"story","section":"news"},{"id":"136631130","contentType":"story","section":"news"},{"id":"136644492","contentType":"story","section":"news"},{"id":"136623234","contentType":"story","section":"news"},{"id":"136614308","contentType":"story","section":"news"},{"id":"136605272","contentType":"story","section":"news"},{"id":"136553132","contentType":"story","section":"news"},{"id":"136553226","contentType":"story","section":"news"},{"id":"136557362","contentType":"story","section":"news"},{"id":"136480407","contentType":"story","section":"news"},{"id":"136499152","contentType":"story","section":"news"},{"id":"136340119","contentType":"story","section":"news"},{"id":"136351654","contentType":"story","section":"news"},{"id":"136345786","contentType":"story","section":"news"},{"id":"136309285","contentType":"story","section":"news"},{"id":"136312798","contentType":"story","section":"news"},{"id":"136301180","contentType":"story","section":"news"},{"id":"136298965","contentType":"story","section":"news"},{"id":"136281904","contentType":"story","section":"news"}],"kvps":{"pgtyp":"article","lang":"en","sp":"goodmorningamerica","programmatic":"true","bundleId":"com.abcnews"}},"analytics":{"accountID":"wdgnewwdgnewgmaweb","ns":"gma","pageName":"gma:news:video","pageType":"video","globalSpecVersion":"v1.08","siteDifferentiator":"gma:site","tagID":"g_page01","userABCookie":"0","section":"news","title":"Biden expected to name Yellen for Treasury Dept.","pubTime":"09:34","pubDate":"11-24-2020","modTime":"15:17","modDate":"11-24-2020","taxonomyTags":"none","id":74235105,"editorialOtherSubjects":"","wordCount":"none","columns":"none","authors":"","authorsUnit":"none","authorsBureau":"none","subBrand":"Good Morning America","provider":"Good Morning America","videoName":"Biden expected to name Yellen for Treasury Dept.","mediaAssetTitle":"POTENTIAL BIDEN TREASURY PICK ","videoId":74235105,"mediaOnPage":"video","legacySlug":"/news/story/biden-expected-tap-history-making-pick-janet-yellen-74235105"},"taboola":{}},"request":{"headers":{},"httpVersion":"1.1","method":"GET","url":"/video/74235105","vary":{"host":"www.goodmorningamerica.com","cached":true,"path":"/video/74235105","forwarded-proto":"https","device":"desktop","userab":"0"}},"viewport":{"width":1260,"height":0},"user":{}};