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Senate Committee on Finance to appoint Janet Yellen as Treasury Secretary before 20th January

Jennie Miller 2021-01-14

On Wednesday, the Chairman US Senate Committee on Finance Chuck Grassley said the panel would consider President-elect Joe Biden’s nominee for treasury secretary, Janet Yellen, next week ahead of Inauguration Day.

Point to be noted that she was confirmed in 2014 as chair of the Federal Reserve.

She received 26 votes from senators and 19 of them are still in the upper chamber of US Congress.

There were 18 senators not voting and 12 of them are still sitting senators, and only 3 lawmakers crossed party lines to vote in favor of her nomination, including Sens.

Susan Collins of Maine, Lisa Murkowski of Alaska, and Richard Burr of North Carolina.Yellen has a long history of serving under Democratic administrations.

Yellen was appointed to help guide the US economy following the 2008 financial crisis.

Senate Committee on Finance to appoint Janet Yellen as Treasury Secretary before 20th January

Jennie Miller 2021-01-14

Point to be noted that she was confirmed in 2014 as chair of the Federal Reserve.

She received 26 votes from senators and 19 of them are still in the upper chamber of US Congress.

There were 18 senators not voting and 12 of them are still sitting senators, and only 3 lawmakers crossed party lines to vote in favor of her nomination, including Sens.

Susan Collins of Maine, Lisa Murkowski of Alaska, and Richard Burr of North Carolina.Yellen has a long history of serving under Democratic administrations.

Yellen was appointed to help guide the US economy following the 2008 financial crisis.