Skip to main content
January 25, 2021

As Chair of the Federal Reserve, Dr. Yellen proved not only to be a strong proponent of policies that would strengthen our banking system, but also an advocate on behalf of workers. Notably, she has demonstrated her willingness to empower workers to call attention to wrongdoing that jeopardizes consumer protection and the safety and soundness of banks. Her response to the scandals at Wells Fargo, to impose an unprecedented asset-cap on the company, sent a powerful message to all of Wall Street that abuse of consumers would not be tolerated. In addition, in her support for robust enforcement of rules like the Dodd-Frank Act and the Community Reinvestment Act, she has worked to strengthen the economic security of working families to prevent another financial crash. 

Her support for workers continues to grow, even today, amidst the COVID-19 pandemic, as she has expressed the need to protect state and local governments from being forced to slash vital services and programs due to the economic downturn caused by the pandemic. She has also thoughtfully expressed support for extending pandemic unemployment insurance and providing financial relief for workers — especially minority workers and women, who have been hit hardest by the pandemic. Amidst a historically unequal economic recession and recovery, this display of a staunch commitment to fairness and equity is urgently needed in our financial system.

 

This is Good for working people.

Vote result:
Passed

YEAs: 84 | NAYs: 15
Legislator Sort descending State Party Vote
Sen. Tammy Baldwin WI Democrat Yes
Sen. John Barrasso WY Republican No
Sen. Michael Bennet CO Democrat Yes
Sen. Marsha Blackburn TN Republican No
Sen. Richard Blumenthal CT Democrat Yes
Sen. Roy Blunt MO Republican Yes
Sen. Cory Booker NJ Democrat Yes
Sen. John Boozman AR Republican No
Sen. Mike Braun IN Republican Yes
Sen. Sherrod Brown OH Democrat Yes
Sen. Richard M. Burr NC Republican Yes
Sen. Maria Cantwell WA Democrat Yes
Sen. Shelley Moore Capito WV Republican Yes
Sen. Benjamin L. Cardin MD Democrat Yes
Sen. Thomas R. Carper DE Democrat Yes
Sen. Bob Casey PA Democrat Yes
Sen. Bill Cassidy LA Republican Yes
Sen. Susan Collins ME Republican Yes
Sen. Christopher A. Coons DE Democrat Yes
Sen. John Cornyn TX Republican Yes