For Immediate Release: November 30, 2020
Contact: Mark Brueggenjohann 202-728-6014
IBEW President Lonnie Stephenson in Response to President-elect Biden’s Economic Team Nominees
IBEW President Lonnie R. Stephenson issued the following statement on President-elect Biden’s economic team nominees:
“President-elect Joe Biden’s economic team gives me great hope about the direction of our economy over the next four years because members of this team understand that we cannot measure prosperity by just how the stock market is doing but by how working families as a whole are doing.
Treasury Secretary nominee Janet Yellen is a labor economist who spent considerable time balancing maximum employment with inflation during her tenure at the Federal Reserve.
She proved to be someone who understands that jobs and wages drive our economy's health, which is what we need in a Treasury Secretary.
Neera Tanden is also a longtime advocate for working families, who is dedicated to Joe Biden’s Build Back Better platform to invest in America’s economic future by promoting the creation of good jobs. She is the right choice to head the Office of Management and Budget.
I know they and all of Biden’s nominees will be ready on day one to help rebuild an economy that works for everyone and revive America’s middle class.”
The International Brotherhood of Electrical Workers (IBEW) represents approximately 775,000 members and retirees who work in a wide variety of fields, including construction, utilities, manufacturing, telecommunications, broadcasting, railroads and government.