President Biden announced on Tuesday the appointment of Chief Marilynn Malerba as U.S. Treasurer, making it the first time a Native American’s signature will appear on U.S. currency.

U.S. Treasury Secretary Janet Yellen, while visiting the Rosebud Sioux Tribe in South Dakota, also announced the creation of a new Treasury Office of Tribal and Native Affairs. This new office will report to the treasurer and administer tribal relations. Malerba’s appointment will also allow Yellen’s signature to be added to U.S. currency, something that was prohibited without a current U.S. Treasurer in office.

Upcoming Committee Meetings

The House Committee on Small Business will hold a hearing on “SBA Management Review: Office of Government Contracting and Business Development” on Thursday June 23 at 10:00 AM.

The House Committee on Financial Services will hold a hearing on “Monetary Policy and the State of the Economy” on Thursday June 23 at 10:00 AM.

Source: Reuters