Yellen says isolationism 'made America and the world worse off' in speech to global finance leaders
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Treasury Secretary Janet Yellen addressed global finance leaders on October 22, 2024, stating that the U.S. economy has strengthened due to the Biden administration's rejection of isolationism, implicitly criticizing former President Donald Trump's policies. She highlighted a historic labor market recovery and noted that U.S. economic growth has been nearly double that of other advanced economies in the past two years. Yellen's remarks come two weeks before the U.S. election, where economic issues are pivotal. She emphasized the importance of global economic leadership and cooperation, contrasting with Trump's isolationist stance and proposed tariffs. The IMF is set to release updated statistics on U.S. economic growth following her speech.
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https://abcnews.go.com/US/wireStory/yellen-isolationism-made-america-world-worse-off-speech-115016727