Janet Yellen urges legislators to ‘act big’ on Covid relief package
Treasury nominee says with rates at historic lows, ‘the smartest thing we can do is act big’ in support of Joe Biden's $1.9-trillion stimulus package
19 January 2021 - 19:22
Washington — Janet Yellen, US president-elect Joe Biden's nominee for Treasury Secretary, urged legislators on Tuesday to “act big” on the next coronavirus relief package, adding that the benefits outweigh the costs of a higher debt burden.
Yellen said her task as Treasury chief will be to help Americans endure the final months of the coronavirus pandemic, and rebuilding the US economy “so that it creates more prosperity for more people and ensures that American workers can compete in an increasingly competitive global economy”...
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