Yellen’s Senate confirmation hearing expected Jan. 19 | Govt-and-politics

Yellen's Senate confirmation hearing expected Jan. 19

President-elect Joe Biden, proper, listens as Janet Yellen, who Biden nominated to function Secretary of the Treasury, speaks at The Queen theater, Tuesday, Dec. 1, 2020, in Wilmington, Del.

WASHINGTON (AP) — The Senate Finance Committee is predicted to carry a affirmation listening to for Treasury Secretary-nominee Janet Yellen on Jan. 19, two sources aware of the planning mentioned Tuesday.

The timing for the listening to would imply that Yellen will seem earlier than a panel nonetheless managed by Republicans. Democrats is not going to take over management of the Senate till Jan. 20 after Biden and Vice President-elect Kamala Harris are sworn into workplace.

With the election to the Senate of two Democrats from Georgia final week, the Senate will likely be break up 50-50. Harris will give Democrats a majority as soon as she is sworn is. As vice chairman, Harris will be capable to break 50-50 ties.

Yellen is predicted to win simple affirmation. She would be the first girl to be Treasury secretary within the nation’s historical past and likewise the primary individual to have held all three prime financial posts — chair of the president’s Council of Financial Advisers, chair of the Federal Reserve and head of Treasury.

Copyright 2021 The Related Press. All rights reserved. This materials might not be revealed, broadcast, rewritten or redistributed with out permission.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

5 × 2 =

Back to top button