CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
Seeking Alpha 2021-03-23 16:16:51

Janet Yellen says Biden administration won't propose policies to hurt firms

The House Committee on Financial Services hearing on the oversight of the Treasury Department's and Federal Reserve's pandemic response begins.Federal Reserve Board Chairman Jerome Powell and Treasury Secretary Janet Yellen have already issued their prepared remarks, both saying that even with the progress made through fiscal and monetary policies in supporting the economy, there's still a long way to go.First up is Yellen, who makes her first appearance in Congress in her role of Treasury Secretary, in presenting her remarks.Update at 12:20 PM ET: "There were — and still are — some very deep pockets of pain in the data," in the data Yellen said, pointing out that one-in-10 homeowners with a mortgage are behind on payments and one-in-five renters are late behind on rent.In Powell's prepared statement: "The worst was avoided by swift and vigorous action" from both Congress and the Fed."The recovery has progressed more quickly than generally expected and

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约