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Janet Yellen wins Senate approval as treasury secretary

Treasury,Janet Yellen,Biden Cabinet,Banking And Finance

From the Left

The Senate on Monday approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job in the department’s 232-year history.

Yellen, a former chair of the Federal Reserve, was approved by the Senate on a 84-15 vote, becoming the third member of Biden’s Cabinet to win confirmation. The 15 votes against her all came from Republicans.

She is expected to play a key role in gaining congressional approval of Biden’s $1.9 trillion coronavirus relief package, which is running into stiff opposition from Republicans who believe the price tag is too high.

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