Washington — Janet Yellen has won confirmation to become US treasury secretary, building out President Joe Biden’s team as the administration struggles to win bipartisan support for a $1.9-trillion Covid-19 relief plan for shoring up a weakening economic recovery.
The first woman to serve in the post, Yellen will take charge of a department with responsibilities spanning tax policy and government spending to financial stability, economic sanctions and foreign-exchange policy. She will also oversee ties with the Federal Reserve, which she previously chaired. She was confirmed by the Senate 84-15 on Monday...
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