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Capitol Report: Yellen’s nomination to be U.S. Treasury secretary advances on unanimous committee vote

The Senate Finance Committee voted unanimously Friday to approve Janet Yellen’s nomination to be U.S. Treasury secretary.

If confirmed by by the full Senate, Yellen would be the first female Treasury Secretary.

Sen. Ron Wyden, Democrat of Oregon, said he hoped the full Senate would be able to vote on Yellen’s confirmation later Friday.

Wyden said it was urgent that Yellen be confirmed given the high unemployment caused by the coronavirus pandemic.

Sen. Mike Crapo, Republican from Idaho, said his party’s support for Yellen was a sign they wanted to “engage” in the policy process.

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