The Biden administration hopes to move quickly on confirming Janet Yellen as the 78th Secretary of the Treasury. The Senate Finance Committee is scheduled to vote on the former Federal Reserve chair’s nomination on Friday morning, likely setting up a final vote on the floor of the Senate next week. Markets will be closely tuned into Yellen’s first steps as Treasury Secretary. If confirmed, Yellen’s immediate task will be selling Congress on the Biden administration’s $1.9 trillion… Source link
Read More »A primer on a Janet Yellen-led Treasury
