Joe Biden's Treasury pick Janet Yellen faced lawmakers at a confirmation hearing in the US Senate Tuesday.
'They'll create jobs throughout the economy,' Yellen said of her plans to provide more relief for small businesses.President-elect Joe Biden's pick for Treasury Secretary, Janet Yellen, says additional stimulus relief for those most in need coupled with expanded unemployment insurance will have the biggest economic impact in the immediate term, giving Americans "the biggest bang for the buck.
Yellen, who chaired the Federal Reserve from 2014 to 2018, said targeting relief for those most in need during the pandemic could help the economy recover in the short term. Among her plans she said additional funding for Supplemental Nutrition Assistant Program , extended unemployment insurance, as well as additional stimulus, and relief for small businesses would be key.
Shame on BI for not calling out JanetYellen for her misinformation around bitcoin. Not a great start to her tenure.
An Economy wheels can't turn without money. Why the high unemployment when Big Business were given Trillons to stay afloat but didn't share with employees. Wheres the money, in Yachts, upgrades.
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