Yellen Approved for Treasury Chief by Senate Panel



Kate Davidson | WSJ

WASHINGTON—A Senate panel voted Friday to approve Janet Yellen’s nomination to be the next U.S. Treasury secretary, sending her nomination to the full Senate, which could vote to confirm her as soon as Friday.

The Senate Finance Committee approved Ms. Yellen’s confirmation unanimously, suggesting the former Federal Reserve chairwoman will garner strong support to win confirmation.

Sen. Chuck Grassley (R., Iowa) said he hoped the unanimous GOP support for Ms. Yellen “signals an interest by me and I know by all of my Republican colleagues in working cooperatively and in a bipartisan way.” 

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