SPRINGFIELD, MA- Today, Ways and Means Committee Chairman Richard E. Neal (D-MA) released the following statement after the U.S. Senate confirmed Janet Yellen to serve as Secretary of the U.S. Department of the Treasury (Treasury):
“Yet another glass ceiling has shattered as Secretary Janet Yellen heads to Treasury to put her expertise and years of public service toward leading our country out of the deepest and most unequal economic crisis in recent memory. Secretary Yellen’s understanding of the hardships facing millions of Americans, and her insights into how to rebuild our economy so that it is stronger for all who call the United States home, make her uniquely qualified to meet this moment.
“I am pleased that the Senate rose to the occasion and swiftly confirmed Secretary Yellen for this critical position. I look forward to her partnership as we take on the defining challenges of this era to create jobs, fight climate change, ensure equity in the tax code, and expand economic opportunity for all."