The Treasury Secretary warned that America cannot 'veer off' course after the Biden administration achieved a 'soft landing' for the economy.
Treasury Secretary Janet Yellen has warned that 'veering off course' in the 2024 election could inflict significant damage on the economy.Yell said that there were several signs of life in the economy under the Biden-Harris administration, and that turning away from those successes in November could 'jeopardize our economic trajectory,' in a tacit endorsement of Vice President Kamala Harris.
'In a slight against Trump, without naming the former president directly, Yellen added that tax cuts for higher earners would 'explode the federal deficit,' and that pursuing 'nontargeted, nonstrategic international economic policies' would only worsen Americans' cost of living crisis.Newsweek contacted the Harris and Trump campaigns for a response to the secretary's comments.43 days out from the election, voters still seem to be siding with Trump on economic issues.
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