Inc. Tsy Sec. Yellen: Will Work With Pres. Biden To Fight Currency Manipulation - Hopes To Work With Congress To Avoid Debt Limit Harm
Dollar listens to a teacher. Forecast as of 20.01.2021 Yellen’s speech in the US Congress met investors' expectations. Stock bulls hope for an additional fiscal stimulus, and dollar bears believe the Treasury will not interfere. Where will the EURU…
"It's an American tragedy," Yellen says that so many Americans are going hungry She warns of more "devastation" if Congress doesn't pass add'l stimulus "It's essential that we move with urgency. Inaction will produce a self-reinforcing downturn causing yet more devastation."
(Bloomberg) - Treasury Secretary Steven Mnuchin will put $455 billion in unspent Cares Act funding into an account that his presumed successor, former Federal Reserve Chair Janet Yellen, will need authorization from Congress to use. @SalehaMohsin