Yellen says she has never called for a smaller rescue package due to inflation concerns

WASHINGTON – Secretary of the Treasury Janet Yellen denied that she was trying to reduce the size of the $ 1.9 trillion rescue package approved by Democrats in early 2021, and defended legislation that is now a focus of debate on the causes of high inflation.

Yellen’s statement on Saturday comes after Bloomberg News reported that an upcoming biography of Yellen says that she had tried to reduce the expenses in the legislation. In the book, entitled “Empathy Economics”, author Owen Ullmann writes that Yellen nurtured concerns that a $ 1.9 trillion package could lead to inflation, and instead prefers a $ 1[ads1].3 trillion bill, according to an excerpt from a pre-published version of the book set by the book. Wall Street Journal.

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