Yellen to travel to Pittsburgh and Detroit to tout Biden’s economic victories

By Andrea Shalal

WASHINGTON (Reuters) – The US Treasury Secretary Janet Yellen will travel to the battleground states of Pennsylvania and Michigan this week as part of a campaign effort to deliver what she calls “the strongest economic comeback of our lifetimes.”

Yellen will travel to Pittsburgh on February 13 and Detroit on February 14 for events with elected officials and community leaders focused on the Biden administration’s efforts to lower health care costs, support small businesses and boost opportunity economic, the Treasury said.

The trips build on Yellen’s visits to Illinois and Wisconsin in January and to other states like Nevada and North Carolina last year. But the administration’s marketing efforts have failed to convince the American public, according to recent polls.

A recent Reuters/Ipsos poll showed that President Joe Biden is six percentage points behind the Republican frontrunner, former President Donald Trump, with voters focused on immigration challenges, Biden’s age and still unhappy with the economy despite big improvements since he took office in 2021.

Yellen has advised patience in the past, arguing that the shock of the COVID pandemic has left lingering concerns, while expressing confidence that consumer confidence is improving.

“Over the past three years, the Biden administration has delivered the strongest economic comeback of our lifetimes,” Yellen said in a speech Tuesday to the Greater Pittsburgh Chamber of Commerce. She will also meet with Democratic Senator Bob Casey, a strong Biden supporter.

She will welcome strong economic growth in the United States, a faster and faster cooling of inflation than in other advanced economies, and continued strength in the labor market.

With unemployment below 4% and median household wealth rising 37% between 2019 and 2022 – the largest three-year increase on record – Americans now have greater purchasing power, he said. -she declared.

In Detroit, whose economic recovery is lagging somewhat behind other cities, Yellen will speak…

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