Bhubaneswar, Nov. 30 -- Washington: US President-elect Joe Biden on Monday named Indian-American Neera Tanden as Director of Office of Management and Budget and Janet Yellen as his Treasury Secretary, as he announced key members of his economic team.

If confirmed by the US Senate, Yellen, 74, will be the first woman to lead the Treasury Department in its 231-year history, and the first person to have served as Treasury Secretary, Chair of the Council of Economic Advisers, and Chair of the Federal Reserve. She has previously been confirmed by the Senate on four separate occasions.

Tanden, 50, if confirmed by the Senate, would be the first woman of colour and first Indian-American to lead the Office of Management and Budget (OMB).

Tanden...