Treasury Secretary and Federal Reserve Chair Testimony on COVID-19 Economic Recovery

Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell testified on the economy during the pandemic and how the CARES Act and American Recovery Plan Act have… read more

Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell testified on the economy during the pandemic and how the CARES Act and American Recovery Plan Act have aided the economic recovery. Secretary Yellen told the Senate Banking Committee she was “hopeful” for the economy and expected a return to full employment in 2022. Secretary Yellen also addressed the federal debt-to-gross domestic product (GDP) ratio, saying “we have more fiscal space, but it certainly doesn’t mean that anything goes. I believe in responding to a crisis with a needed surge of spending that’s temporary.” In his opening remarks Committee Chair Sherrod Brown (D-OH) commented that his hearing was the first time a woman had appeared before the committee as the head of U.S. economic policy. close

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Treasury Secretary and Federal Reserve Chair Testimony on COVID-19 Economic Recovery

1,262 Views
Program ID:
510059-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Mar 24, 2021 | 10:05am EDT | C-SPAN 1
Last Aired:
Mar 26, 2021 | 8:15am EDT | C-SPAN 2

Airing Details

  • Mar 24, 2021 | 10:00am EDT | C-SPAN RADIO
  • Mar 24, 2021 | 10:05am EDT | C-SPAN 1
  • Mar 24, 2021 | 12:36pm EDT | C-SPAN 1
  • Mar 24, 2021 | 10:34pm EDT | C-SPAN RADIO
  • Mar 26, 2021 | 8:15am EDT | C-SPAN 2
  • Mar 27, 2021 | 10:04am EDT | C-SPAN RADIO
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Treasury Secretary and Federal Reserve Chair Testimony on COVID-19 Economic Recovery

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