“There is no question she is qualified for this role.”
The Senate Finance Committee unanimously approved Janet Yellen’s nomination as the first Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for her to work with them in developing economic policies. Yellen’s nomination was approved 26-0 in the evenly split committee, with concerns expressed by Republicans about President Joe Biden’s ambitious plans for massive coronavirus relief spending, infrastructure investment and tax hikes failing to sway them against the former Federal Reserve chair. “There is no question she is qualified for this role,” said fiscal conservative Republican Senator James Lankford, noting that he has policy disagreements with Yellen. Biden has proposed a $1.9 trillion coronavirus relief plan and has pledged to invest https://www.reuters.com/article/us-usa-election-biden/biden-climate-plan-would-spend-2-trillion-in-bid-to-boost-economy-idUSKCN24F20 $2 trillion in infrastructure, green energy projects, education and research to boost American competitiveness.
