Treasury Secretary Janet Yellen said she never sought to reduce the $2 trillion American Rescue Plan, despite a book's claim she 'privately' was concerned about high inflation.
U.S. Treasury Secretary Janet Yellen speaks during a news conference with Irish Finance Minister Paschal Donohoe at Government buildings in Dublin, Ireland, Nov. 1, 2021.
The money provided in the ARP allowed the country to better "weather shocks to our economy like Russia's war in Ukraine and successive waves of COVID-19," Yellen said.According to Ullmann's book, who according to publisher PublicAffairs had "unfiltered access" to the Treasury secretary, Yellen's concern about inflation "is why she had sought without success to scale back the $1.
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