Following her meeting with Treasury Secretary-designate Janet Yellen—the first of Yellen’s confirmation process—U.S. Senator Kirsten Gillibrand released the following statement:
“Today I had a productive meeting with Treasury Secretary-designate Janet Yellen about the incoming Biden administration’s approach to the economic challenges facing our nation. Not only is Janet an accomplished, crisis-tested and eminently qualified public servant, but she is a trailblazer; she was the first woman to chair the Federal Reserve and if confirmed, she would be the first woman to lead the Department of the Treasury. During our conversation, I urged Janet to focus on policies that reward work and will ensure economic fairness and justice, such as repealing the elimination of the SALT deduction, the importance of wage replacement programs like paid leave, and expanding access to banking services to underserved communities through postal banking. Our conversation demonstrated that the Treasury under President-elect Joe Biden will focus on building an economy that strengthens the middle class and gives every American a fair shot and an equal chance to get ahead.”