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Janet Yellen faces the Senate Finance Committee on Tuesday for confirmation of her hearing as Treasury Secretary. President-elect Joe Biden announced the nomination earlier this month.
The former president of the Federal Reserve is expected to express her views on a variety of issues, from the administration’s dollar policy entering to her view on the need for stimulus to offset the economic impacts of the Covid pandemic -19.
While in the Fed, Yellen earned a reputation for building consensus and fostering low interest rates, although his tenure saw the Fed take the first steps toward normalizing housing policies. extreme during the financial crisis.
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