Janet Yellen at Treasury Is Every Bull’s Dream & Every Low-Income Earner’s Nightmare
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In an exclusive interview with our Jessica Stone, Danielle DiMartino Booth shares why President-elect Joe Biden’s nomination of Janet Yellen as Treasury Secretary will widen the wealth gap and income inequality… and leave lower-income Americans worse off over the long-term. If confirmed, Yellen would become the first woman to lead the Treasury Department in its nearly 232 years. She would inherit an economy with still-high unemployment, escalating threats to small businesses, and signs that consumers are retrenching as the worsening pandemic restricts or discourages spending.