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Janet Yellen will face the Senate Finance Committee on Tuesday for her confirmation hearing for Secretary of the Treasury. President-elect Joe Biden announced the appointment earlier this month.
The former Federal Reserve Chairman is expected to express her views on a variety of topics, from the incoming administration’s dollar policy to her views on the need for stimulus measures to offset the economic impacts of the pandemic. Covid-19.
During his tenure at the Fed, Yellen gained a reputation for building consensus and favoring low interest rates, although his tenure saw the Fed take the first steps to normalize policies of extreme accommodation during the crisis. financial.
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