Treasury Secretary Yellen visiting the Rosebud Indian Reservation on Tuesday
MISSION, SD (Dakota News Now) — The secretary of the U.S. Treasury Department stops at a reservation in South Dakota to tout recent federal financial commitments to tribal governments across the country.
Second. Janet Yellen will travel to the Rosebud Indian Reservation on Tuesday, according to a press release from her office. This is the first time in history that a Treasury Secretary has visited a tribal nation.
The US Treasury Department has played a major role in administering coronavirus relief funds for tribal governments, including more than $30 billion as part of President Joe Biden’s US bailout. Some of that funding went toward several “substantial” housing projects for the Rosebud Sioux Tribe, according to the department.
Yellen’s visit comes the same day Biden announced the appointment of Marilynn “Lynn” Malerba, life chief of the Mohegan Indian Tribe, as United States Treasurer. Malerba is the first female chief of her tribal nation and will serve as the first Native American treasurer in the Treasury Department. In addition, the Treasury Department also announced the creation of a new Office of Tribal and Native Affairs, which will report to the Treasurer and coordinate tribal relations throughout the Department.
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