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    Video: Senate Confirms Yellen as Treasury Secretary


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    Senate Confirms Yellen as Treasury Secretary

    Janet L. Yellen turned the primary girl to be the Treasury secretary, by a vote of 84-15. Her affirmation got here because the Biden administration works to revive an financial system battered by the coronavirus pandemic.

    “After all, Janet Yellen is greatest identified for her chair, chair, for her tenure as chair of the Federal Reserve, overseeing a interval of falling unemployment and regular financial restoration from the worldwide monetary disaster. Few folks possess the expertise and experience that Ms. Yellen would carry to the Treasury, notably throughout this second of financial disaster.” “Dr. Yellen got here out of committee on a unanimous vote, and might be attending to work 5 days after the inauguration. This actually isn’t as a result of Dr. Yellen or President Biden’s financial coverage views have unanimous assist right here within the Senate. I count on we’ll don’t have any scarcity of spirited coverage discussions with Dr. Yellen within the months forward. However the easy reality is that when the American folks elect a president, and when the president selects certified and mainstream folks for key posts, the entire nation deserves for them to have the ability to assemble their group.” “Madam President, it’s a pleasure tonight to be making the case for Janet Yellen, former chair of the Federal Reserve, to be the following secretary of Treasury. The Senate can ship an particularly necessary financial judgment. Affirm Janet Yellen a fifth time.” “The yays are 84, the nays are 15, and the affirmation is confirmed. The nomination is confirmed.”

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