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Secretary Janet Yellen (Archived)
@SecYellen
This is an archive of an account for the 78th Secretary of the Treasury, Janet L. Yellen
Joined November 2020
Posts
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    I am deeply grateful for the opportunity to have served as the 78th Secretary of the @USTreasury. It has been one of the greatest honors of my career to work alongside such dedicated public servants who paired intellectual rigor with moral purpose.
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    A frank and productive exchange of views with my counterpart on key issues like expanding the global supply of candy and toys and tightening sanctions against chores.
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    We face great challenges as a country right now. To recover, we must restore the American dream—a society where each person can rise to their potential and dream even bigger for their children. As Treasury Secretary, I will work every day towards rebuilding that dream for all.
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    Economics isn’t just something you find in a textbook. It can be a potent tool to right past wrongs and improve people’s lives. That’s why so many of Treasury’s 84,000 public servants joined the Department. Today, I am proud to be one of them.
    Today I swore in @JanetYellen as @USTreasury Secretary. Secretary Yellen is a trailblazer, whose deep commitment to working families will be essential as we confront the urgent economic challenges facing the American people.
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    Thank you @HamiltonMusical for including me in your narrative. I promise to bring Alexander’s (non-stop) work ethic to the room where it happens.
    Let's go! This week, @JanetYellen was sworn in as the first woman Secretary of the Treasury. #HistoryIsHappening
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    The Treasury Department must be an institution that wakes up every morning thinking about the American people. Your jobs, your paychecks. Your struggles, your hopes. Your dignity. And your limitless potential. We will work to restore that public trust and promise.
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    The President is absolutely right: The benefits of acting now — and acting big — will far outweigh the costs in the long run.
    As Treasury Secretary @JanetYellen said during today’s meeting, the price of doing nothing when it comes to economic relief is too high. Congress must act quickly and pass the American Rescue Plan to deliver relief and help dig us out of this crisis.
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    We are looking at every tool we have to make our economy more productive.
    I like Janet Yellen’s idea of a modern supply-side economics, but one idea I think she should consider adding to the agenda is a ban on slow-ass pourover coffee to get lines moving. slowboring.com/p/janet-yellen…
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    I just received a demo of the upcoming IRS Direct File tool. The IRS has built an impressive product that will give taxpayers a secure option to file their taxes online for free. This pilot program will start small in 2024, to allow the IRS to test it and learn from taxpayers.
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    One thing is clear from the jobs report: We need to invest in small businesses. Not only will they be at the center of the recovery, they have been the hardest hit. We recognize that, and will provide assistance and focus on the businesses that serve the hardest hit communities.
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    Today in Tokyo, I had the honor of paying my respects to Prime Minister Abe Shinzo alongside @USAmbJapan Emanuel. Abe was a visionary leader for Japan and for the world. His legacy will live on in a more prosperous Japan and a stronger partnership between our two countries.
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    In 2021 Q4, real GDP jumped 6.9% at an annual rate, and GDP rose 5.5% in 2021—the strongest pace in 37 years.
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    When I first came to Washington in the early 1990s, 31 million women had joined the labor force since the time I left college in 1968. A higher percentage of US women worked than our counterparts in almost any other developed nation. Progress was on the move. Until it wasn’t.
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    Our mission is to restore economic prosperity and financial stability. We’ll do that by pursuing an investment agenda to rebuild our infrastructure, create better jobs, advance racial equity, and fight the climate crisis.
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