U.S. Treasury Secretary Janet Yellen embarks on visits to key battleground states Pennsylvania and Michigan, aiming to underscore what she describes as “the strongest economic comeback of our lifetimes.” Scheduled events in Pittsburgh and Detroit focus on healthcare affordability, small business support, and economic opportunities, aligning with the Biden administration’s priorities.
Yellen’s outreach strategy extends previous visits to states like Illinois, Wisconsin, Nevada, and North Carolina, reflecting the significance of Pennsylvania and Michigan in the upcoming election. Despite the administration’s efforts to showcase economic progress, recent polls suggest challenges in winning over public opinion, with voters citing concerns over immigration, Biden’s age, and lingering economic dissatisfaction.
In a speech at West Penn Hospital, Yellen emphasizes the Biden administration’s role in driving robust economic growth, containing inflation, and strengthening the labor market. With unemployment rates below 4% and significant increases in household median wealth, Yellen highlights improved purchasing power for Americans.
Detroit, undergoing economic recovery, receives attention from Yellen, who collaborates with Governor Gretchen Whitmer, Senator Debbie Stabenow, and local business leaders. While Detroit’s progress lags behind some Midwestern counterparts in wage earnings, Yellen’s engagement underscores the administration’s commitment to bolstering small businesses and fostering equitable economic growth.
