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Janet Yellen takes charge at US Treasury amid weak economic rebound

A group of 16 senators, along with leaders of a group of House centrists, have engaged with the White House on the aid bill.

Janet Yellen, US Federal Reserve
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Janet Yellen, US Treasury secretary

Bloomberg
Janet Yellen won confirmation to become US Treasury secretary, building out President Joe Biden’s team as the administration struggles to win bipartisan support for a $1.9-trillion Covid-19 relief plan for shoring up a weakening economic recovery.
 
The first woman to serve in the post, Yellen will take charge of a department with responsibilities spanning tax policy and government spending to financial stability, economic sanctions and foreign-exchange policy. She’ll also oversee ties with the Federal Reserve, which she previously chaired. She was confirmed by the Senate 84-15 Monday evening.
 
Yellen already saw the uphill fight the administration faces in

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