Biden to appoint first Native American treasurer of the United States
President Joe Biden will appoint
Marilynn Malerba as treasurer of the
United States, making the lifetime chief of the
Mohegan Tribe the first
Native American to hold the position, the
White House announced on Tuesday.
The appointment means that for the first time in
US history a Tribal leader and Native American woman's signature will appear on the nation's currency, the
Treasury Department said in a news release.
Treasury Secretary Janet Yellen is set to visit the
Rosebud Indian Reservation in
South Dakota later Tuesday, the first time in history that a
Treasury secretary will visit a
Tribal nation, according to the department.
Malerba will directly oversee the
US Mint, the
Bureau of Engraving and Printing, and
Fort Knox and will serve as a liaison with the
Federal Reserve. She will be a senior adviser to
Yellen and will lead a newly created
Office of Tribal and Native Affairs within the
US Treasury.