Treasury Secretary Janet Yellen says she feels confident in the strength of the U.S. economy.
when she took to Instagram with a profanity-laced message to her followers about the government shutdown that occurred during the Trump administration.
Amid the longest shutdown of its kind in U.S. history, Cardi B took aim at President Trump for "ordering" federal workers to go to work without pay."Now, I don't want to hear you motherf-----s talkin' about, 'Oh, but Obama shut down the government for 17 days. ... Yeah b---h, for health care," Cardi B exclaimed.
Yellen’s insistence in defending the state of U.S. economy as being "strong" follow testimony she gave in front of the Senate Finance Committee and the House Ways and Means Committee over record inflation."I do expect inflation to remain high although I very much hope that it will be coming down now," Yellen told the Senate Finance Committee during a hearing on the agency’s latest budget request. "I think that bringing inflation down should be our number one priority.
The Federal Reserve and Treasury Department have been increasingly blamed by legislators and the public for allowing inflation to reach record highs — notably an 8.3% leap in consumer prices over the past year. She told CNN last week that she did not fully understand the impact that unanticipated large shocks and supply bottlenecks would have on the economy.
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