Janet Yellen walks back Biden's comments US taxpayers on hook for Baltimore bridge collapse

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Treasury Secretary Janet Yellen appeared to walk back comments from President Biden that American taxpayers would foot the bill for the Francis Scott Key Bridge collapse in Baltimore.

U.S. Treasury Secretary Janet Yellen on Wednesday appeared to walk back comments from President Biden that U.S. taxpayers would foot the bill for the Francis Scott Key Bridge collapse in Baltimore. Appearing on MSNBC, Yellen said money from the bipartisan infrastructure law could "potentially be helpful." "My expectation would be that ultimately there will be insurance payments, in part, to cover this.

The large vessel appeared to catch fire before becoming disabled. Footage of the incident shows the lights going out multiple times on the vessel in question prior to impact, suggesting the collision may have been due to a power failure. Fox News Digital’s Landon Mion, Anders Hagstrom and Stephen Sorace contributed to this report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US Treasury Secretary Janet Yellen walks back transitory inflation claims: 'I regret saying it'After predicting in 2021 that inflation would be 'transitory,' U.S. Treasury Secretary Janet Yellen admitted her 'regret' as 'it's lasted longer than' a few weeks or months.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Janet Yellen warns inflation decline might not be 'smooth'Treasury Secretary Janet Yellen said during an exclusive FOX Business interview that inflation's return to normal could be bumpy from month to month.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Treasury Secretary Janet Yellen Reacts to Rising InflationTreasury Secretary Janet Yellen discusses the February CPI and rising inflation, stating that the trend is favorable despite monthly fluctuations. President Biden's priority is addressing high costs.
Source: BreitbartNews - 🏆 610. / 51 Read more »

GOP leaders unleash on Janet Yellen over $110B energy tax hikeFIRST ON FOX: A group of 24 Senate Republicans are blasting the Biden administration for pursuing a $110 billion tax hike on American fossil fuel producers.
Source: FoxNews - 🏆 9. / 87 Read more »

Janet Yellen to make second trip to China next monthThe Treasury Secretary’s outreach reflects the Biden administration’s bid to “responsibly manage” its relationship with Beijing.
Source: politico - 🏆 381. / 59 Read more »

'We're with you': Biden pledges support for Baltimore after bridge collapseA cargo ship crashed into Baltimore's Francis Scott Key Bridge early Tuesday morning, leading to a near-total collapse of the span.
Source: ABC7Chicago - 🏆 284. / 63 Read more »