CONTACT: Barbara Hagenbaugh
(202) 457-8783
bhagenbaugh@fsforum.com
Washington, D.C. – Financial Services Forum President and CEO Kevin Fromer issued the following statement today after President-elect Biden announced his selection of former Federal Reserve Chair Janet Yellen to serve as the next U.S. Treasury Secretary:
“The Forum congratulates Dr. Janet Yellen on her selection as the 78th Secretary of the Treasury, and as the first woman to occupy this position of enormous importance and leadership. Dr. Yellen is exceptionally qualified to serve our nation at a time of enormous challenge. Once confirmed, the members of the Forum look forward to her tenure and to continuing to do our part to contribute to an inclusive and sustainable recovery.”
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The Financial Services Forum is an economic policy and advocacy organization whose members are the chief executive officers of the eight largest and most diversified financial institutions headquartered in the United States. Forum member institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities throughout the country. The Forum promotes policies that support savings and investment, deep and liquid capital markets, a competitive global marketplace, and a sound financial system.