Janet Yellen to tell confirmation hearing that the US should ‘act big’

News

Yellen appears before a Congressional committee on Tuesday, US time

Media reporting she’ll be encouraging the fiscal response represented by Biden’s $1.9tlm plan:
  • “Right now, with interest rates at historic lows, the smartest thing we can do is act big. In the long run, I believe the benefits will far outweigh the costs”

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