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Tag: Janet

Senate confirms Janet Yellen to be Treasury secretary

Senate confirms Janet Yellen to be Treasury secretary

Politics
Through Anneken Tappe and Matt Egan | CNN Lawmakers showed Janet Yellen as Treasury secretary on Monday, making her the primary lady in American historical past to carry the location. As head of the Treasury, she’ll be tasked with shepherding President Joe Biden’s $1.9 trillion American Rescue Plan thru Congress and overseeing its execution. The plan contains $1,400 stimulus assessments, expanded unemployment advantages, and higher investment for Covid-19 vaccinations and checking out. Throughout her affirmation listening to remaining week, Yellen defended the scale and scope of the plan, announcing the primary precedence of the incoming management will have to be to get the country and its folks throughout the pandemic sooner than addressing different considerations, together with The ...
Janet Yellen’s Nomination as Treasury Secretary Clears Committee

Janet Yellen’s Nomination as Treasury Secretary Clears Committee

Politics
Janet Yellen’s nomination as Treasury Secretary used to be cleared via the Senate Finance Committee.  The entire Senate will most probably approve her nomination lately, making her the primary lady in American historical past to carry the placement. Yellen used to be prior to now the primary lady to function chair of the Federal Reserve from 2014 to 2018. “The Finance Committee licensed her nomination on a 26-0 vote,” The Related Press reported. “The management is urging a snappy affirmation vote, announcing it’s essential to get the highest member of Biden’s financial crew in position because the Democratic president seeks to win approval of a $1.9 trillion coronavirus reduction plan.” Coronavirus reduction is surely on the most sensible of the management’s priorit...