On the recordJanuary 25, 2021
Madam President, I rise today to support the nomination of Janet Yellen, a dedicated public servant and world- renowned economist, as Secretary of the Treasury. Janet Yellen's extensive background in economics and accomplished career in the field led her to Chair the Federal Reserve, where she served with distinction in the aftermath of the great recession. Ms. Yellen brought a steady hand and wisdom befitting her experience to her responsibilities at the helm of the Federal Reserve, and as a member of the Banking Committee, I always appreciated her frank testimony and thoughtful analysis. In her new role as Treasury Secretary, she will inherit an economic crisis caused by a mismanaged pandemic. She will be charged not only with providing historic relief in close coordination with Congress, but also with building back better to create the conditions for a dynamic economy that harnesses the potential of each and every American. I am confident in her ability to take on these urgent challenges. I look forward to voting yes on her nomination and working closely with her in the years ahead to ensure that we build an economy that works for everyone.
Source
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