Janet Yellen was sworn in as U.S. Treasury Secretary today, making her the first woman in the Treasury's 232-year history to hold the position.
Janet Yellen was sworn in as U.S. Treasury Secretary today, making her the first woman in the Treasury's 232-year history to hold the nation's most powerful economic position. Yellen was confirmed with broad bipartisan support on a 84-15 vote by the Senate yesterday. She is now the first woman to hold all three top economic job in the federal government having previously served as the chair of Council of Economic Advisors and the chair of the Federal Reserve. Yellen's first priority in her new role will be steering the administration's new stimulus plan, designed to revive the pandemic-battered economy, through Congress and, once approved, oversee the deployment of relief aid to individuals and businesses. Continue reading Continue reading