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Yellen's confirmation hearing for U.S. Treasury set for Jan 19: BBG

Kitco News

(Reuters) - The Senate Finance Committee will hold Janet Yellen’s confirmation hearing for U.S. Treasury secretary on Jan. 19, the day before President-elect Joe Biden is sworn into office, Bloomberg News reported on Tuesday.

Yellen, who served as head of the U.S. Federal Reserve from 2014-2018, is expected to win confirmation in the Senate and is likely to be one of the first Biden cabinet picks to be confirmed, although the process may be disrupted by plans to impeach outgoing President Donald Trump, who leaves office on Jan. 20, for his role in the Jan. 6 riots on Capitol Hill.

Reporting by Dan Burns; Editing by David Gregorio

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