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What Jim Cramer Wants to See From Treasury Secretary Nominee Janet Yellen

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Janet Yellen is facing her confirmation hearing.

The former Federal Reserve chair is slated to be the first female Treasury Secretary in U.S. history.

She is expected to tell Congress that lawmakers must do more to lift the U.S. economy out of the recession brought on by the coronavirus pandemic.

“Economists don’t always agree, but I think there is a consensus now: Without further action, we risk a longer, more painful recession now -and long-term scarring of the economy later,” Yellen will say Tuesday, according to her prepared remarks. “Over the next few months, we are going to need more aid to distribute the vaccine; to reopen schools; to help states keep firefighters and teachers on the job.”

Watch: Everything Jim Cramer Is Watching in the Stock Market Tuesday

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