The Senate confirms Janet Yellen as America's first female Treasury chief - Business Insider

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The Senate confirms Janet Yellen as America's first female Treasury chief

Yellen was confirmed in the US Senate on Monday in an 84-15 vote.She will play a critical role shepherding the Biden administration's rescue package through Congress.The Senate voted on Monday to confirm Janet Yellen as the nation's first woman to serve as treasury secretary. A Senate panel on Friday approved her nomination with a unanimous vote.

Yellen, 74, is the first woman to head the Treasury Department. She is also the first person to have held three of the most important economic positions in American government: Treasury chief, head of the White House Council of Economic Advisors, as well as chair as the Federal Reserve. During her confirmation hearing with the Senate Finance Committee last week, Yellen urged Congress to "act big" on another federal rescue package, warning of a worse downturn in the economy without one.

 

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