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Senate Confirms Janet Yellen as US Treasury Secretary
Summary: Janet Yellen will serve as the next Secretary of the Treasury Department following a vote Monday evening in the U.S. Senate. The first woman to lead the U.S. central bank, she is the first person to be appointed to lead the Treasury Department. The now-confirmed Treasury Secretary takes over a federal department focused on a ...
Janet Yellen will serve as the next Secretary of the Treasury Department following a vote Monday evening in the U.S. Senate. The first woman to lead the U.S. central bank, she is the first person to be appointed to lead the Treasury Department.
The now-confirmed Treasury Secretary takes over a federal department focused on a range of issues, including the economic fallout of the COVID-19 pandemic.
Yellen will also play a role in oversight of the U.S.-based cryptocurrency industry. During her prepared Senate remarks, Yellen offered a take on cryptocurrencies that recognize both potential benefits as well as risks.
By Amy Liu
Tags: Crypto,Janet Yellen,Treasury Secretary
Link: Senate Confirms Janet Yellen as US Treasury Secretary [Copy]
