Treasury Secretary Yellen at National Association of Counties Conference
Treasury Secretary Janet Yellen promoted the Biden administration’s economic recovery efforts amid the aftermath of the COVID-19 pandemic. H… read more
Treasury Secretary Janet Yellen promoted the Biden administration’s economic recovery efforts amid the aftermath of the COVID-19 pandemic. Her remarks were given at the National Association of Counties Legislative Conference in Washington, D.C. She described how the $1.9 trillion American Rescue Plan, signed into law by President Biden in March 2021, laid the foundation for investments in infrastructure, semiconductor manufacturing, clean energy, and other policies. Moreover, she called on Congress to raise the debt limit without conditions, warning that a default on the nation’s debt would produce “an economic and financial catastrophe.” close
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