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Press Briefing by Press Secretary Jen Psaki and Secretary of Treasury Janet Yellen, May 7, 2021


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The White House
12:29 P.M. EDT
MS. PSAKI: Hey. Hi, everyone. We were a little early today. I apologize for that. Okay, so good afternoon and happy “Jobs Day.” Today I’m honored to have Secretary of the Treasury Janet Yellen join me here.
Secretary Yellen has almost 50 years of experience in academia and public service. She’s the first person in history to have led the White House Council of Economic Advisers, the Federal Reserve, and the Treasury Department.
Her scholarship has focused on a range of issues pertaining to labor and macroeconomics. And her work on efficiency wages with her husband, George Akerlof, showed that firms that offer better pay and working conditions tend to be rewarded with higher morale, reduce turnover, and greater productivity. ....

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What the Delay in US Help for India Says About the Effectiveness of the 'Quad'


What the Delay in US Help for India Says About the Effectiveness of the Quad
If pressure from media, think tanks and activists is what led the Biden administration to relent now, what happens in even more urgent scenarios?
The fifth series of a consignment of 545 oxygen concentrators from the US, arrives in India on May 4. Photo: Twitter/@PIB India
Rights18 hours ago
Chandigarh: The labour pains Washington endured – before eventually delivering badly-needed medical supplies and related equipment to tackle India’s second calamitous coronavirus pandemic wave – has degraded the timely operational framework of the untested Quadrilateral Security Dialogue, or Quad, in an emergency. ....

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