Janet Yellen hails Biden administration’s achievements

(Boursier.com) — US Treasury Secretary Janet Yellen seized the opportunity of a factory visit Ford Michigan to tout the Biden administration’s economic accomplishments, which it deems better than people realize. It must be said that the general public perception of Joe Biden’s economic management, particularly regarding inflation, tends to weigh on the president’s approval ratings. Biden’s rating has nevertheless started to rise with the ebb in gas prices, notes CNBC, and the administration in place is also keen to claim a few victories before the ‘midterms’. “Taken together, the bipartisan Infrastructure Act, the CHIPS Act and the Cut Inflation Act have authorized one of the most significant investments our country has ever made,” Yellen said Thursday. “I firmly believe that they will help us achieve stable and sustainable growth and that they will move us towards a fairer and more resilient economy,” said the Treasury Secretary.