The Senate Finance Committee unanimously approved Janet Yellen's nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for her to work with them in developing economic policies.
President Joe Biden said on Tuesday he agreed with a proposal by Democratic lawmakers that would limit or phase out stimulus payments to higher-income individuals as part of his $1.9 trillion coronavirus relief bill. Gavino Garay reports.
Treasury Secretary Janet Yellen tells CNN’s Jake Tapper that President Joe Biden is willing to work with Congress on the upper income limit for direct payments to Americans in the latest stimulus package.
[NFA] U.S. Treasury Secretary Janet Yellen said on Sunday that American workers who earn $60,000 per year should receive stimulus checks as part of the White House's proposed $1.9 trillion coronavirus relief package. Gavino Garay has more.
CNN’s John Avlon examines why President Joe Biden’s Covid-19 relief package, which had a 68% approval rating according to a Quinnipiac University poll, didn’t secure a single Republican vote in the House.
Republican Rep. Madison Cawthorn is facing allegations of sexual harassment and misconduct by several women who say he put them in uncomfortable situations when he was a college student, with the former classmates detailing to CNN how the rising star of the conservative right would use “fun” drives as a way to make unwanted advances on them.
In his opening statement to a Senate committee investigating the security failures that took place during the January 6 US Capitol riot, FBI Director Christopher Wray vowed that those responsible for the attack would be apprehended.
Democratic Sen. Chris Coons of Delaware tells CNN’s Dana Bash he will work to find other ways to raise the minimum wage after a key Senate official ruled that it couldn’t be included in the $1.9T covid relief bill.
President Joe Biden says Americans are “one step closer” to relief after the House voted to approve the $1.9 trillion pandemic aid package. CNN’s Joe Johns explains the president’s short remarks as the bill heads to the Senate.
In brief remarks on Saturday from the White House's Roosevelt Room, Biden said he called House Speaker Nancy Pelosi to thank her for her support and urged the Senate to take up the American Rescue Plan quickly. This report produced by Jillian Kitchener.
Janet Yellen was sworn in as the first woman to lead the U.S. Treasury on Tuesday, setting her quickly to work with Congress on coronavirus relief, reviewing U.S. sanctions policy and strengthening financial regulation.