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
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