Read more about Yellen wins unanimous US Senate vote despite Republican tax, debt concerns on Business Standard. Yellen s nomination was approved 26-0 in the evenly split committee, with concerns expressed by Republicans about President Joe Biden s ambitious plans
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The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen's nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for her to work with them in developing economic policies.
Friday s vote on Yellen s nomination may reveal the level of Republican opposition to the Democratic president s plans, for which he is seeking bipartisan support.
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WASHINGTON (Reuters) - The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen’s nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for her to work with them in developing economic policies.
The full Senate will vote on Yellen’s nomination on Monday, Senate Majority Leader Chuck Schumer said on the Senate floor late Friday, which would allow her to get to work promptly on President Joe Biden’s economic agenda.
Her nomination was approved 26-0 in the evenly split committee, with concerns expressed by Republicans about Biden’s ambitious plans for massive coronavirus relief spending, infrastructure investment and tax hikes failing to sway them against the former Federal Reserve chair.