GOP lawmakers offer differing opinions on Biden nominee Janet Yellen

Janet Yellen.
(Image credit: Alex Wong/Getty Images)

President-elect Joe Biden's nominee to lead the Treasury Department, Janet Yellen, is considered well-respected in Republican circles, despite sparring with GOP lawmakers on occasion during her tenure as a Federal Reserve official. That respect has already made itself evident — Rep. Patrick McHenry (R-N.C.), the top Republican on the House Financial Services Committee, said in a statement Tuesday that while he'll work against Biden's economic agenda, he believes Yellen "demonstrated her intellect, foresight, and independence during the financial crisis, and throughout her term as Fed Chair," indicating he's satisfied with Biden's choice.

Still, McHenry is in the House, so he won't have a confirmation vote. But Sen. Chuck Grassley (R-Iowa), the outgoing Senate Finance Committee chair, said he anticipates Yellen "would get a favorable view," with the caveat that the committee will need to do their due diligence before making a final judgment.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us
Tim O'Donnell

Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.