Senators split on health of U.S. economy - UPI.com
==========
Senators voiced fierce opposition over the state of the U.S. economy during a Senate Banking, Housing and Urban Affairs Committee hearing. The Treasury Department's Financial Stability Oversight Council annual report highlighted a robust economic recovery since the pandemic, but also expressed concerns over the economy in 2024, including high interest rates. Treasury Secretary Janet Yellen touted the rapid economic recovery in 2023, while Republicans remained skeptical and grilled Yellen about rising costs since the height of the pandemic. Democrats largely praised the state of the economy and the work of the Biden administration. The hearing revealed a split among senators regarding the health of the U.S. economy.
#U.s.Economy #Senate #TreasuryDepartment #JanetYellen #Republicans #Democrats
https://www.upi.com/Top_News/US/2024/02/08/economy-senate-hearing/8721707431182/
UPI News /
npub1up…p85da
2024-02-09 00:34:03
Author Public Key
npub1up366k34ghh433r7pchkdx4wjalhdrqnnh7ssjqexn7jhzzrs6fsup85daPublished at
2024-02-09 00:34:03Event JSON
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"content": "Senators split on health of U.S. economy - UPI.com\n==========\n\nSenators voiced fierce opposition over the state of the U.S. economy during a Senate Banking, Housing and Urban Affairs Committee hearing. The Treasury Department's Financial Stability Oversight Council annual report highlighted a robust economic recovery since the pandemic, but also expressed concerns over the economy in 2024, including high interest rates. Treasury Secretary Janet Yellen touted the rapid economic recovery in 2023, while Republicans remained skeptical and grilled Yellen about rising costs since the height of the pandemic. Democrats largely praised the state of the economy and the work of the Biden administration. The hearing revealed a split among senators regarding the health of the U.S. economy.\n\n#U.s.Economy #Senate #TreasuryDepartment #JanetYellen #Republicans #Democrats\n\nhttps://www.upi.com/Top_News/US/2024/02/08/economy-senate-hearing/8721707431182/",
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