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Chairman Neal Statement on Nomination of Janet Yellen to Lead the Treasury Department

SPRINGFIELD, MA —Today, Ways and Means Committee Chairman Richard E. Neal (D-MA) released the following statement after President-elect Biden announced his nomination of Janet Yellen to serve as the next Treasury Secretary:

“Janet Yellen is a terrific and tested choice to lead the Treasury Department. She brings years of stellar public service to the table, most notably her time as Chair of President Clinton’s Council of Economic Advisers and as Chair of the Federal Reserve under President Obama. Her deep experience and steady leadership are especially valuable as our nation works to recover from the COVID recession. I’m particularly pleased that President-elect Biden has nominated someone with expertise in addressing unemployment, as getting Americans back to work will be a top priority for Congress and the administration in the months and years to come. I look forward to former Chair Yellen’s swift and historic confirmation in the Senate.”


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