FT: Janet Yellen calls for action to prevent US economic ‘devastation’

Yellen is ex-Chair of the Federal Reserve System and incoming US Treasury Secretary once President-elect Biden takes the helm.

Via the Financial Times:
  • warned of “more devastation” in the economy if the US failed to address the fallout from the pandemic
  • disproportionate toll on low-income families
  • an “American tragedy” that needed to be quickly tackled.
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Yellen is ex-Chair of the Federal Reserve System and incoming US Treasury Secretary once President-elect Biden takes the helm.Yellen was replaced as Fed Chair by Trump.
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