Senator Ben Sasse, R-Neb., listens during a Senate Finance Committee hearing for Janet Yellen, of California, President-elect Joe Biden's nominee for Treasury Secretary in Washington, U.S., January 19, 2021. - Reuters
NEW YORK: Wall Street's main indexes rose on Tuesday as U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package before lawmakers to help the world's largest economy ride out a pandemic-driven slump.
At her confirmation hearing, Yellen said the benefits of a big package outweigh the costs of a higher debt burden.
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