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Report Video IssueTreasury Secretary Predicts Full Employment Next Year Despite Delta Variant Challenges
2021-09-30T10:16:52-04:00https://images.c-span.org/Files/44b/20210930101727010_hd.jpgIn prepared testimony before the House Financial Services Committee, Treasury Secretary Janet Yellen says the U.S. is in the midst of a "fragile but rapid recovery from the pandemic-induced recession." She says "significant challenges" remain because of the Delta variant and that it continues to "suppress the speed of the recovery." However, she says that she "remains optimistic about the medium-term trajectory" of the economy and says that she expects that the U.S. will "return to full employment next year. Secretary Yellen says the economic rebound was "never a forgone conclusion" but that she attributes the the economy's over performance over other countries to the legislation passed by Congress, including the CARES Act, the Consolidated Appropriations Act and the American Rescue Plan.
In prepared testimony before the House Financial Services Committee, Treasury Secretary Janet Yellen says the U.S. is in the midst of a "fra… read more
In prepared testimony before the House Financial Services Committee, Treasury Secretary Janet Yellen says the U.S. is in the midst of a "fragile but rapid recovery from the pandemic-induced recession." She says "significant challenges" remain because of the Delta variant and that it continues to "suppress the speed of the recovery." However, she says that she "remains optimistic about the medium-term trajectory" of the economy and says that she expects that the U.S. will "return to full employment next year. Secretary Yellen says the economic rebound was "never a forgone conclusion" but that she attributes the the economy's over performance over other countries to the legislation passed by Congress, including the CARES Act, the Consolidated Appropriations Act and the American Rescue Plan. close
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- Jake Auchincloss U.S. Representative [D] Massachusetts
- Andy Barr U.S. Representative [R] Kentucky
- Emanuel Cleaver II U.S. Representative [D] Missouri
- Madeleine Dean U.S. Representative [D] Pennsylvania
- Tom Emmer U.S. Representative [R] Minnesota
- Bill Foster U.S. Representative [D] Illinois
- Jesús "Chuy" G. García U.S. Representative [D] Illinois
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- Bill Huizenga U.S. Representative [R] Michigan
- Barry Loudermilk U.S. Representative [R] Georgia
- Frank D. Lucas U.S. Representative [R] Oklahoma
- Stephen F. Lynch U.S. Representative [D] Massachusetts
- Carolyn Maloney U.S. Representative [D] New York
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- Ed Perlmutter U.S. Representative [D] Colorado
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- Pete Sessions U.S. Representative [R] Texas
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- Van Taylor U.S. Representative [R] Texas
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- Ritchie Torres U.S. Representative [D] New York
- Nydia M. Velázquez U.S. Representative [D] New York
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- Roger Williams U.S. Representative [R] Texas
- Alma Adams U.S. Representative [D] North Carolina
- Cindy Axne U.S. Representative [D] Iowa
- Joyce Beatty U.S. Representative [D] Ohio
- Ted Budd U.S. Representative [R] North Carolina
- Sean Casten U.S. Representative [D] Illinois
- Warren Davidson U.S. Representative [R] Ohio
- Al Green U.S. Representative [D] Texas
- David F. Kustoff U.S. Representative [R] Tennessee
- Al Lawson Jr. U.S. Representative [D] Florida
- Blaine Luetkemeyer U.S. Representative [R] Missouri
- Patrick McHenry U.S. Representative [R] North Carolina
- Gregory Meeks U.S. Representative [D] New York
- Alex Mooney U.S. Representative [R] West Virginia
- Jay Powell Chair Federal Reserve->Board of Governors
- John W. Rose U.S. Representative [R] Tennessee
- Bryan Steil U.S. Representative [R] Wisconsin
- William Timmons IV U.S. Representative [R] South Carolina
- Ann Wagner U.S. Representative [R] Missouri
- Maxine Waters U.S. Representative [D] California
- Janet L. Yellen Secretary Department of the Treasury
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