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Testimony of Secretary of the Treasury Janet L. Yellen to the Subcommittee on Financial Services and General Government Committee on Appropriations, U.S. House of Representatives

Testimony Of US Secretary Of The Treasury Janet L. Yellen To The Subcommittee On Financial Services And General Government Committee On Appropriations, U.S. House Of Representatives


Date
27/05/2021
Chairman Quigley, Ranking Member Womack, thank you for inviting me to join you today. I look forward to your questions, but first, I want to briefly discuss the state of our economy and the state of the Treasury Department. Because I believe one depends on the other.
Our economy is recovering from the pandemic, but we still have a long road ahead of us. For this reason, I expect that economists will look back on this Congress’ decision to enact the American Rescue Plan – and judge it very favorably. You had an option – to provide just a few months of relief or continued support to see us through to the end of the crisis – and you chose the latter. ....

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