WASHINGTON—Treasury Secretary Janet Yellen is reportedly looking to appoint an Obama administration veteran as climate czar at the Treasury Department to lead efforts in assessing the effects of climate change on financial markets as well as pushing tax incentives for renewable energy.
Yellen is expected to appoint Sarah Bloom Raskin, former deputy Treasury secretary under the Obama administration, to head the newly formed Treasury climate “hub,” The Wall Street Journal reported on Feb. 12. Raskin, who is also a former member of the Federal Reserve Board, is married to Rep. Jamie Raskin (D-Md.), who was the lead House impeachment manager in the recent impeachment trial of former President Donald Trump.
