Breaking News…

WASHINGTON—Janet Yellen, President-elect Joe Biden’s choice for Treasury secretary, will tell lawmakers that the U.S. risks a longer, more painful recession unless Congress approves more aid and will urge them to “act big” to shore up the recovery.

Ms. Yellen is set to deliver her remarks Tuesday to the Senate Finance Committee, which is considering her nomination, according to a copy of her testimony reviewed by The Wall Street Journal.

(More to Come)

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Police fired 24 shots at a handcuffed man. Why didn’t they turn on their body cameras?

It has been almost a year and a half since Ariane McCree…

At Tony Awards, ‘Kimberly Akimbo’ Wins Best Musical and ‘Leopoldstadt’ Best Play

“Kimberly Akimbo,” a small-scale, big-hearted show about a teenage girl coping with…

Biden calls Putin actions in Ukraine ‘genocide’

WASHINGTON — President Joe Biden bemoaned the spike in gas prices as…

Singer Cat Janice, who went viral after dedicating her last song to her young son, dies

Cat Janice, the musician mom who went viral for dedicating her last…