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Senate Confirms Janet Yellen as Treasury Secretary

HeadlineJan 26, 2021

The Senate has voted to confirm Janet Yellen to be treasury secretary, making her the first woman to ever hold the post. During her confirmation hearing, the former Federal Reserve chair urged lawmakers to “act big” on the next COVID-19 relief package.

Janet Yellen: “The smartest thing we can do is act big. In the long run, I believe the benefits will far outweigh the costs, especially if we care about helping people who’ve been struggling for a very long time.”

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