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Joe Biden Janet Yellen Usa Washington county Jerome county Powell city Powell, county Jerome county Yell pandemic economy Coronavirus Joe Biden Janet Yellen Usa Washington county Jerome county Powell city Powell, county Jerome county Yell

Yellen, Powell say more needed to promote recovery

Joe Biden Janet Yellen Usa Washington county Jerome county Powell city Powell, county Jerome county Yell pandemic economy Coronavirus
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WASHINGTON – Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell say more must be done to limit the damage from the coronavirus pandemic and to promote a full economic recovery.

While both struck upbeat notes about the future of the economy in prepared testimony Tuesday before the House Financial Services Committee, they also warned that the economy needs help.

It marked the first joint appearance by the two economic leaders in their current jobs and it was Yellen's first congressional appearance since taking over as Treasury secretary.

Yellen thanked Congress for passing President Joe Biden's $1.9 trillion American Rescue Plan, which was approved with only Democratic support.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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