Biden: Ready to lead the world
The new U.S. administration, led by President Joe Biden, is poised to lead the world, he said in a keynote address on Tuesday. “First, let’s unite the United States and the world,” said Biden, referring to Donald Trump’s first policy of the United States, which deviated from many agreements. “We have no time to waste when it comes to national security and foreign policy.” His cabinet, Biden said, “reflects the fact that the United States has returned.”
Janet Yellen, 74, has been offside for three years. From 2014 to early 2018, he was the Honorary Chairman of the Federal Reserve, the US Federal Reserve. Donald Trump may have appointed her back to that position, but did not. Now, if approved by the Senate, she will once again become a key figure in the US economy: Treasury Secretary, first lady in Joe Biden’s cabinet.
When she received her PhD in economics from Yale University in 1971, she was her only female. He later taught at Harvard University, advised President Bill Clinton, served on the Central Bank’s Board of Directors and chaired the Economic Policy Committee of the International Organization for Economic Co-operation and Development.
As head of the central bank, he contributed to the smooth recovery of the economy after the 2008 debt crisis. Despite the fall in unemployment in the United States, the central bank decided that the risk of strong wages would increase and thus inflation would be lower, and management increased so interest was only too slow. That policy turned out to be correct: unemployment is likely to fall further than economists generally think.
Climate negotiator again
In 2016, John Kerry, 76, as Secretary of State for the United States, signed the Paris Climate Agreement, holding his granddaughter in his arms. More than a year later, Donald Trump canceled the deal. Three weeks ago, on November 4, it was formal: the United States is going its separate ways in terms of energy consumption and greenhouse gas emissions.
But the day before, elections had taken place in the United States, and the winner nominated the same John Kerry as special envoy for the climate.Biden does not need to bring the country back to the climate deal, but he must convince other countries and his democratic supporters that the Americans now want to tackle the problem seriously. “For the first time, a full-time climate leader is competing at the ministerial level, Biden said while introducing some of his chosen allies to the country.
Kerry can keep his own at that level. He was a senator from Massachusetts from 1985 to 2013. In 2004, he was the Democratic nominee for president, but lost to George W. Bush. He served as Secretary of State from 2013 to early 2017 under President Barack Obama until the end of his presidency.