Posted on 01/25/21
| News Source: The Hill
The Senate on Monday confirmed Janet Yellen as the first woman to lead the Treasury Department, where her immediate priority will be addressing the coronavirus recession.
Yellen, a Democrat, was confirmed by the Senate 84-15, with broad bipartisan support. All 15 "no" votes came from Republicans.
The Senate Finance Committee unanimously approved Yellen’s nomination last week, with Democrats and even Republicans touting her qualifications despite GOP opposition to much of President Biden’s economic agenda.
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She is the third of Biden’s Cabinet nominees to be confirmed, following Director of National Intelligence Avril Haines and Defense Secretary Lloyd Austin.
Yellen brings a wealth of policy experience to her new position. She served as chair of the Federal Reserve from 2014 to 2018, making her the first woman to hold that position, and was head of the Council of Economic Advisers during the Clinton administration. Read more at The Hill