Yellen Denies Urging Smaller Biden Relief Plan in Early 2021

Industry News

(Bloomberg) — Janet Yellen denied advocating for a smaller American Rescue Plan than the $1.9 trillion package proposed by the Biden administration and passed by Congress in early 2021, after an advance copy of a book about the Treasury secretary showed she initially urged scaling it back by a third.Her statement — issued, unusually, on…

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