Yellen sees full employment next year with Biden’s stimulus plan

By Saleha Mohsin
Published 3 Min Read

"I'm not endorsing a general conclusion that banks of that size are too big to manage," said Federal Reserve Chair Janet Yellen.

Treasury Secretary Janet Yellen said the U.S. can return to full employment in 2022 if it enacts a robust enough coronavirus stimulus package, but otherwise risks a slower rebound in jobs and the economy.

“I’m afraid that the job market is stalling,” she said on CBS’s “Face the Nation,” in one of two Sunday-morning interviews.

Saleha Mohsin
From Bloomberg News

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