Saturday, December 13, 2025 | 05:15 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Janet Yellen faces Senate to sell $1.9 trillion stimulus package

The Senate Finance Committee's 10 am hearing Tuesday is likely to feature topics from foreign-exchange policy to taxes

Janet Yellen, US Federal Reserve
premium

Janet Yellen, chairperson, US Federal Reserve.

Saleha Mohsin & Christopher Condon | Bloomberg
Treasury Secretary nominee Janet Yellen (pictured) on Tuesday steps into a new role following more than a quarter-century in government: salesperson for economic policy after years of defending Federal Reserve thinking and actions.
 
The Senate Finance Committee’s 10 am hearing Tuesday is likely to feature topics from foreign-exchange policy to taxes, but it will also serve as the first congressional forum where lawmakers will vet President-elect Joe Biden’s $1.9-trillion Covid-19 relief plan.
 
Yellen, 74, will need to sell a package that includes a minimum-wage hike and substantial expansion in family and medical leave —social safety-net programs that have already