Biden Cabinet members actions and issues: on Budget & Economy


Janet Yellen: Does not seek a weaker U.S. currency; let markets determine

She also that the value of the dollar should be determined by markets, a break from departing President Donald Trump's desire for a weaker U.S. currency. "The United States does not seek a weaker currency to gain competitive advantage and we should oppose attempts by other countries to do so," she said.
Source: Reuters news service on 2021 Biden Cabinet Jan 19, 2021

Tom Vilsack: Increased farm subsidies leading to overproduction

Under his leadership at USDA farm subsidies grew to record amounts. Those ballooning farm subsidies encouraged growers to overproduce, which led to needless waste and environmental damage. It also drove down prices paid to farmers. "When he exited the USDA," The Wall Street Journal reported, "the U.S. farm economy was on the skids, with net farm income down 40% from a record high four years earlier because of successive bumper crops that swelled supplies and pushed down prices."
Source: Reason magazine on Biden Cabinet Dec 19, 2020

Marcia Fudge: COVID: protect homeowners, renters, small landlords

Q: What are your plans for what you want to do at HUD?

A: I think the pressing thing is to deal with the adverse impacts of the COVID crisis. We've got to make sure that people can stay in their homes, or if they're renters, to stay in their apartments. The first thing is keep people in their homes, as well as to assist some of these landlords, who are not these mega apartment owners but just a small landlords who are who are struggling as well.

Source: The Cleveland Plain-Dealer on Biden Cabinet Dec 10, 2020

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2020 Presidential contenders on Budget & Economy:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN)
Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: May 20, 2021