GOP senator has “no doubts” about Biden treasury secretary nominee’s “integrity or technical expertise”
Sen. Pat Toomey responded on Tuesday to reports that Janet Yellen will be President-elect Joe Biden’s Treasury Secretary. The Pennsylvania Republican wrote in a statement that while he and the former Federal Reserve chair had previously had their “fair share of disagreements,” he has “no doubts about her integrity or technical expertise.”
Toomey specifically mentioned the legal requirement for CARES Act temporary emergency lending facilities to shut down by the end of the year without further congressional action as something he would like to discuss with Yellen as her nomination is considered.
Here’s Toomey’s full statement:
“While Dr. Yellen and I had our fair share of disagreements during her tenure as chair of the Federal Reserve, I have no doubts about her integrity or technical expertise. As I consider her nomination, I look forward to discussing with her a variety of issues, especially the legal requirement for CARES Act temporary emergency lending facilities to shut down by year-end and remain shut down, absent further congressional action.”
He also tweeted about Yellen’s nomination:
As the Senate considers Dr. Yellen’s nomination to lead Treasury, I look forward to discussing with her a variety of issues, especially the requirement for CARES Act temporary emergency lending facilities to shut down by year-end and remain shut down, absent congressional action. https://t.co/7Ps4XvbkE5
— Pat Toomey (US Sen. ret.) (@SenToomey) November 24, 2020
SOURCE CNN