New York (CNN Business) Lawmakers confirmed Janet Yellen as Treasury secretary on Monday, making her the first woman in American history to hold the position. As head of the Treasury, she'll be tasked with shepherding President Joe Biden's $1.9 trillion American Rescue Plan through Congress and overseeing its execution. The plan includes $1,400 stimulus checks, expanded unemployment benefits, and increased funding for Covid-19 vaccinations and testing. She made clear her No. 1 priority would be to provide relief for those in the greatest need — especially minority workers and women, who have been hit hardest by the downturnRead More

Source: CNN January 25, 2021 23:15 UTC