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Yellen To Deliver "Major Speech" On Biden's Economic Agenda Tomorrow

US

Treasury Secretary Janet Yellen will deliver a “major” speech tomorrow in Savanna, Georgia on President Biden’s economic agenda and infrastructure commitments under the Bipartisan Infrastructure Law.

  • According to the Treasury Department: “Yellen will discuss how President Biden’s policies have powered a historic economic recovery and are creating good-paying jobs and driving economic growth for the long-term.”
  • Yellen will say, per prepared remarks: "Investments in infrastructure change how we live and work, and with that, our economy. These investments fuel long-term economic growth, build economic resilience, and increase economic opportunity. They are, very simply, good economics. And that’s why they’re at the heart of our Investing in America agenda."
  • Bloomberg reports: "Yellen’s trip is part of a broader administration effort ahead of the 2024 election campaign aimed at convincing Americans that President Joe Biden deserves credit for a mostly-healthy US economy. Despite high inflation, which has receded somewhat, unemployment remains at historic lows."

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