Yellen lauds Biden for 'remarkable' economic performance
Yellen says Biden has restored America’s standing in the world
US TREASURY Secretary Janet Yellen on Thursday (Jul 25) lauded President Joe Biden for a “remarkable economic recovery” and said that second-quarter GDP and inflation data confirmed that the US is on a path “to steady growth and declining inflation.”
In her first public remarks on the topic since Biden ended his re-election campaign and endorsed Vice President Kamala Harris as his successor, Yellen said Biden has restored America’s standing in the world.
“I am deeply proud to serve the American people with him and Vice President Harris and I look forward to continuing to advance US leadership around the globe and deliver results for American families and businesses at home,” Yellen said.
She said the strong US growth, which has created 15.7 million jobs since Biden and Harris took office, was not an accident, but the result of their administration’s economic plan, and was helping to keep the global economy resilient. REUTERS
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