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MNI BRIEF: Yellen Senate Confirmation Hearing Scheduled Jan 19

WASHINGTON (MNI)

The Senate Finance Committee announced Tuesday it will hold a confirmation hearing for Biden's Treasury Secretary-nominee Janet Yellen on Jan. 19.

The timing for the hearing means that Yellen will appear before the senate committee still controlled by Republicans. Democrats will not take over control of the Senate until Jan. 20 after Biden and Vice President-elect Kamala Harris are sworn into office.

Yellen is expected to win confirmation and would be the first woman to be Treasury secretary in the nation's history. She would also be the first person to have held all three top economic posts in the U.S., as a former chair of the president's Council of Economic Advisers, chair of the Federal Reserve, and head of Treasury.

MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com

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