Share

cover art for Biden’s Cabinet Picks, Part 1: Janet Yellen

The Daily

Biden’s Cabinet Picks, Part 1: Janet Yellen

Janet Yellen, who is poised to become secretary of the Treasury, will immediately have her work cut out for her. The U.S. economy is in a precarious state and Congress is consumed by partisan politics.

Ms. Yellen, however, is no stranger to crisis. She has already held the government’s other top economic jobs — including chairwoman of the Federal Reserve from 2014 to 2018, helping the country through the last major financial emergency.

Now, facing another steep challenge, we look at the measures she might take to get the economy humming again.


Guest: Jeanna Smialek, who covers the Federal Reserve and the economy for The New York Times. 


We want to hear from you. Fill out our survey about The Daily and other shows at: nytimes.com/thedailysurvey


For an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Read the latest edition here.


Background reading: 


For more information on today’s episode, visit nytimes.com/thedaily 


More episodes

View all episodes

  • The Beginning of the End of the Pandemic

    22:18|
    In Britain, news that the country had become the first to start administering a fully tested coronavirus vaccine was met with hope, excitement — and some trepidation.Amid the optimism that normal life might soon resume, there is also concern. Has the vaccine been developed too fast? Is it safe? On today’s episode, we examine how Britons feel about the prospect of receiving a shot and attend a vaccination clinic in Wales.Guest: Megan Specia, a story editor based in London for the New York Times. For an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. You can read the latest edition here.Background reading: For the first recipients of the vaccine, among them older Britons and hundreds of doctors and nurses who pulled the National Health Service through the pandemic, the shots offered a glimpse at a return to normalcy.Dr. Chris Hingston was one of the first health care workers in Britain to receive the vaccine. He was clearly aware that the simple act had a greater purpose: protecting not only himself, but hopefully his family, colleagues and patients from a potentially life-threatening virus.For more information on today’s episode, visit nytimes.com/thedaily 
  • Trump Shut the Door on Migrants. Will Biden Open It?

    30:48|
    Caitlin Dickerson, an immigration reporter for The Times, says there is one word that sums up the Trump administration’s approach to border crossing: deterrence. For nearly four years, the U.S. government has tried to discourage migrants, with reinforced walls, family separation policies and threats of deportation.Those policies have led to the appearance of a makeshift asylum-seeker camp of frayed tents and filthy conditions within walking distance of the United States.Today, we ask: What will the legacy of President Trump’s immigration policies be? And will anything change next year?Guest: Caitlin Dickerson, an immigration reporter for The New York Times.For an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Read the latest edition here.Background reading: This is what we saw inside the tent camp on the U.S.-Mexico border.The Trump administration’s immigration policies have not deterred pregnant women from trying to enter the United States. Here are some of their experiences.A federal judge last week ordered the Trump administration to fully restore the Deferred Action for Childhood Arrivals, an Obama-era program designed to shield young, undocumented immigrants from deportation.For more information on today’s episode, visit nytimes.com/thedaily 
  • ‘It Has All Gone Too Far’

    33:19|
    The state of the 2020 U.S. election is, still, not a settled matter in Georgia. For weeks, conservatives have been filing lawsuits in state and federal courts in an effort to decertify results that gave a victory to Joe Biden. On Twitter, President Trump has been making unsubstantiated claims that the state has been “scammed.”With Georgia in political turmoil, threats of violence have been made against state election officials, who have been scrambling to recount votes by hand, and against their families.Still, dozens of prominent national Republicans have stayed silent.Last week, Gabriel Sterling, a little-known election official in Georgia, did something his party is refusing to do: condemn the president’s claims.For today’s episode, we called him to ask why he decided to speak up.Guest: Gabriel Sterling, a Republican official who is the voting system implementation manager in Georgia.For an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Read the latest edition hereBackground reading: “Stop inspiring people to commit potential acts of violence. Someone is going to get hurt, someone is going to get shot, someone is going to get killed. And it’s not right,” Mr. Sterling said in a four-minute rebuke of the president last week.The last act of the Trump presidency has taken on the stormy elements of a drama more common to history or literature than a modern White House.For more information on today’s episode, visit nytimes.com/thedaily 
  • The Sunday Read: ‘The Social Life of Forests’

    48:51|
    Foresters once regarded trees as solitary individuals: They competed for space and resources, but were otherwise indifferent to one another.The work of the Canadian ecologist Suzanne Simard upended that, finding that while there is indeed conflict in a forest, there is also negotiation, reciprocity and even selflessness.Ms. Simard discovered that underground fungal threads link nearly every tree in a forest.On today’s Sunday Read, listen to an exploration of these links and the influential and contentious work of Ms. Simard.This story was written by Ferris Jabr and recorded by Audm. To hear more audio stories from publishers like The New York Times, download Audm for iPhone or Android.
  • The President and Pre-Emptive Pardons

    25:14|
    The power to pardon criminals or commute their sentences is one of the most sacred and absolute a president has, and President Trump has already used it to rescue political allies and answer the pleas of celebrities.With his term coming to an end, the president has discussed granting three of his children, his son-in-law and personal lawyer pre-emptive pardons — a rarity in American history.  We look ahead to a potential wave of pardons and commutations — and explore who could benefit. Guest: Michael S. Schmidt, a Washington correspondent for The New York Times. We want to hear from you. Fill out our survey about The Daily and other shows at: nytimes.com/thedailysurveyFor an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Read the latest edition hereBackground reading: Speculation about pardon activity at the White House is churning furiously, underscoring how much the Trump administration has been dominated by investigations and criminal prosecutions of people in the president’s orbit.The president’s pardoning of Michael Flynn, a former national security adviser, signals the prospect of a wave of pardons and commutations in his final weeks in office. For more information on today’s episode, visit nytimes.com/thedaily 
  • ‘Something Terrible Has Happened’

    35:05|
    This episode contains descriptions of sexual assault.When the Boy Scouts of America filed for bankruptcy this year, it created a final window for claims of sexual abuse against the organization’s leaders.Within nine months, nearly 100,000 victims filed suits — that far eclipses the number of sexual-abuse allegations that the Roman Catholic Church faced in the early 2000s.Today, we hear from one of the victims, Dave Henson, a 40-year-old naval officer who was sexually abused for five years by one of his scout troop’s leaders. Alcoholism and emotional trauma followed. Now, he has joined the ranks of thousands of people seeking redress.Guest: Mike Baker, Seattle bureau chief for The New York Times. We want to hear from you. Fill out our survey about The Daily and other shows at: nytimes.com/thedailysurveyFor an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Read the latest edition hereBackground reading: The bankruptcy proceedings allowed the Boy Scouts organization to keep operating while it grapples with questions about the future of the century-old movement.The deluge of sex-abuse claims documents a decades-long accumulation of assaults at the hands of scout leaders across the nation who had been trusted as role models.For more information on today’s episode, visit nytimes.com/thedaily 
  • Biden’s Cabinet Picks, Part 2: Antony Blinken

    27:20|
    What kind of foreign policy is possible for the United States after four years of isolationism under President Trump?Antony Blinken, President-elect Joe Biden’s pick for secretary of state, has an interventionist streak, but some vestiges of Trump-era foreign policy will be hard to upend.If confirmed, Mr. Blinken faces the challenge of making the case at home that taking a fuller role abroad is important, while persuading international allies that the United States can be counted on.What course is he likely to steer through that narrow channel? Guest: David E. Sanger, a national security correspondent for The New York Times. We want to hear from you. Fill out our survey about The Daily and other shows at: nytimes.com/thedailysurveyFor an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Read the latest edition here.Background reading: Mr. Blinken’s extensive foreign policy credentials are expected to help calm American diplomats and global leaders after four years of the Trump administration’s ricocheting strategies and nationalist swaggering.European allies of the United States have welcomed a president who doesn’t see them as rivals. But with the possibility of a Republican-controlled Senate, they are also wary.Mr. Biden wants to reactivate the 2015 Iran nuclear deal, but the killing of the top nuclear scientist in the Middle Eastern nation, which Tehran has blamed on Israel, could complicate that aim. For more information on today’s episode, visit nytimes.com/thedaily.
  • When and How You’ll Get a Vaccine

    24:32|
    For Americans, months of collective isolation and fear could soon be winding down. A coronavirus vaccine may be just weeks away.According to Dr. Moncef Slaoui, head of Operation Warp Speed, the federal effort to accelerate vaccine development, the first Americans could receive the vaccine in mid-December.With the vaccine within reach, we turn to more logistical questions: Who will receive the shots first? Who will distribute them? And what could go wrong?Guest: Katie Thomas, who covers the drug industry for The New York Times.We want to hear from you. Fill out our survey about The Daily and other shows at: nytimes.com/thedailysurveyFor more information on today’s episode, visit nytimes.com/thedaily Background reading: Promising clinical trials have buoyed hope that the end of the pandemic is in sight. But even if the vaccines are authorized, only a sliver of the American public will be able to get one by the end of the year.In mid-December, 6.4 million doses of Pfizer’s vaccine are expected to be shipped across the United States in an initial push.