Treasury Secretary nominee Janet Yellen to call for
Jan 18, 2021 47 secs

Janet Yellen, President-elect Joe Biden's nominee for Treasury Secretary, will call for "big" action on the COVID-19 pandemic and economic crisis at her Senate confirmation hearing Tuesday, according to prepared remarks obtained by CBS News.

The Senate will begin confirmation hearings on Tuesday for Yellen and more key members of Mr.

Yellen, who previously served as Federal Reserve Chair from 2014 to 2018, will state she believes the Treasury Secretary has a dual mission: Helping Americans get through the pandemic and back to work and also rebuilding the economy so American workers can compete globally.

Yellen is one of five Biden nominees to go before Senate committees on Tuesday

Secretary of State-designate Tony Blinken, Defense Secretary-designate retired General Lloyd Austin, Department of Homeland Security Secretary-designate Alejandro Mayorkas and Director of National Intelligence nominee Avril Haines will also appear before Senate committees

If confirmed, Yellen will be the first woman to serve as Treasury Secretary in the department's more than 230-year history

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