Yellen’s Treasury Work Blunted With Many Key Posts Unfilled (1)

Treasury Secretary Janet Yellen has one of the biggest to-do lists in Washington: usher in a global tax overhaul, press Wall Street on climate change and distribute billions of dollars in Covid-relief funds.

Yet her efforts are hampered by vacancies in the Treasury’s top ranks, where only three officials including herself have been confirmed by the Senate. Of the 17 key remaining jobs that require confirmation, 10 have nominees stuck in the Democratic controlled-Senate, while the rest have not been named.

Priorities such as a top-to-bottom review of the agency’s financial sanctions and work to bolster resilience of the U.S. ...