In nominating Janet Yellen to be the next treasury secretary of the United States and tasking her to oversee the biggest economy in the world,Yellen joined Biden and Vice President-Elect Kamala Harris on Dec. 1 to accept her nomination in a moving speech:
“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. And we risk missing the obligation to address deeper structural problems, inequality, stagnant wages, especially for workers who lack a college education.”
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