The Fed chairman urged Congress to approve additional stimulus spending as the Covid-19 crisis ramps up.
Brian Deese was a senior advisor to Barack Obama on climate.
Yellen and others will be tasked with steering the economic recovery after the coronavirus pandemic.
Step one will be deciding how to proceed with several emergency Fed lending facilities.
Former Federal Reserve Chair Janet Yellen would be the first woman to hold the nation’s top economic policy job.
She is the only Democrat on a Fed board filled mostly by President Donald Trump’s appointments.
The racial and economic divide "makes our economy smaller," he said.
The move dampens hopes that additional stimulus will be passed before Inauguration Day.
Her past remarks risk painting her as weak on Beijing.
The White House wants employers, not employees, to pay back Social Security levies when they come due next year.
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