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Senate Finance Committee unanimously advances Janet Yellen's Treasury Secretary nomination

Chance Yellen could be confirmed by end of day
Janet Yellen
Posted at 7:50 AM, Jan 22, 2021
and last updated 2021-01-22 10:30:26-05

The Senate Finance Committee unanimously voted to advance the nomination of President Joe Biden's pick for Treasury Secretary, Janet Yellen.

The committee, comprised of 13 Democrats and 13 Republicans, all voted in favor to advance Yellen's nomination to the Senate floor.

The Senate could vote to confirm Yellen's nomination by close of business on Friday.

Yellen, the former chairwoman of the Federal Reserve, would be the primary go-between from the White House and Congress in negotiations for passing further economic stimulus. Biden has already unveiled a $1.9 trillion stimulus package that would include $1,400 payments to most Americans, as well as expanded unemployment benefits.

Some Republicans have express skepticism of the hefty price tag.