Yellen continues U.S. tour of touting Biden’s policies

Treasury Secretary Janet Yellen is promoting Biden administration policies as the key to advancing the nation’s “long-term economic well-being” in the lead-up to the midterm elections.

The former Federal Reserve chair visited a Virginia research and development business park with Democratic Sen. Tim Kaine on Friday and talked up administration efforts to revitalize America’s manufacturing capacity, spur computer chip production and upgrade the country’s infrastructure. Rep. Gerry Connolly, D-VA., was also in attendance.

Yellen’s visit is part of the Treasury leader’s ongoing tour of the United States, as she and other administration officials try to quell the impact on Americans of persistent high inflation. Republicans say the administration’s outsized pandemic spending and other domestic policies have contributed to high inflation.

Voters have made clear that price increases are a top concern. A June Associated PRESS-NORC Center for Public Affairs Research poll showed that 40 percent of U.S. adults named inflation as one of up to five priorities for the government.

Janet Yellen