WASHINGTON – Yesterday, U.S Secretary of the Treasury Janet L. Yellen participated in a roundtable lunch at the Target headquarters with Target CEO Brian Cornell and CEOs from the Minnesota area to discuss President Biden’s economic strategy and efforts to lower costs. During the discussion, Secretary Yellen recognized actions by Target and other firms to cut prices for thousands of commonly bought items, including milk, bread, and diapers.
During the roundtable, Secretary Yellen discussed the state of the U.S. economy, which remains strong and resilient following a historic economic recovery, as well as the Biden Administration’s affordability agenda that is designed to lower costs for Americans. She also discussed President Biden’s broader economic vision for an economy that works for American workers and families and U.S. businesses. Secretary Yellen underscored the importance of engagement and collaboration with the private sector. Areas of recent collaboration have included workforce development, initiatives to spur growth in sectors like clean energy and semi-conductors, and infrastructure improvements that will increase America’s competitiveness.
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