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Biden Eyeing Lee, Rosenberg for Treasury Undersecretary Jobs

  • Yellen is building a diverse team of women, minorities
  • White House has yet to name nominees for two top Treasury jobs
The U.S. Treasury building in Washington D.C.

The U.S. Treasury building in Washington D.C.

Photographer: Julia Schmalz/Bloomberg
Updated on

President Joe Biden is considering Nancy Lee, a former Treasury official, to serve as the department’s top diplomat, according to people familiar with the matter.

Separately, Elizabeth Rosenberg, currently a Treasury adviser and a former senior fellow at Washington think tank Center for a New American Security, is under consideration to lead the Terrorism and Financial Intelligence, or TFI, unit, the people said, speaking on condition of anonymity. TFI oversees most U.S. sanctions authorities and tracks money laundering and other financial crimes.