Winning the economic competition with China requires us to make transformative investments at home.
Janet Yellen
The Public Record
Janet Louise Yellen is an American economist currently serving as the 78th United States Secretary of the Treasury, a position she has held since January 26, 2021. She is a member of the Democratic Party and has a distinguished career in economic policy and public service. Yellen previously served as the Chair of the Federal Reserve from 2014 to 2018, becoming the first woman to hold that role. During her tenure at the Federal Reserve, she focused on issues such as unemployment and inflation, advocating for policies aimed at economic recovery following the 2008 financial crisis.
Right now, taking too little action poses the greatest risk to the health of our economy.
At the Fed, I became accustomed to the institution's dual mandate: to promote stable prices and maximum employment.
People worry about a K-shaped recovery, but well before COVID-19 infected a single American, we were living in a K-shaped economy, one where wealth built upon wealth, while working families fell farther and farther behind.
Yes, we are committed to the cooperative multilateral effort to address base erosion and profit shifting through the OECD/G20 process.
I believe that it is imperative that the government does its part to catalyze an economic recovery that is both equitable and sustainable.





