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Janet Yellen will face the Senate Finance Committee on Tuesday for her confirmation hearing in the post of Treasury Secretary. Elected President Joe Biden announced the nomination earlier this month.
The former chair of the Federal Reserve is expected to express her views on various topics, from the incoming government’s dollar policy to her opinion on the need for stimulus to offset the economic consequences of the Covid-19 pandemic.
While at the Fed, Yellen gained a reputation as a consensus builder and for favoring low interest rates, although the Fed took the first steps over the course of the term to pursue the policy of extreme accommodation during the financial crisis. to normalize.
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