Yellen says urgent action needed to prevent self-reinforcing economic downturn
- Country:
- United States
U.S. President-elect Joe Biden's treasury secretary nominee Janet Yellen said on Tuesday the country is facing a historic crisis from the pandemic and the subsequent economic fallout.
"It's an American tragedy and it's essential that we move with urgency. Inaction will produce a self-reinforcing downturn, causing yet more devastation," Yellen said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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