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Janet Yellen faces the Senate Finance Committee on Tuesday for her confirmation hearing to the post of Treasury Secretary. President-elect Joe Biden announced the nomination earlier this month.
The former Federal Reserve Chair is expected to express her views across a variety of subjects, from the incoming administration’s dollar policy to her views on the need for stimulus to offset economic impacts from the Covid-19 pandemic.
While at the Fed, Yellen earned a reputation as a consensus builder and for favoring low interest rates, though her term saw the Fed take the first steps to normalize policies from the extreme accommodation during the financial crisis.
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