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In an interview with Bloomberg, Treasury Secretary Janet Yellen addressed concerns about the high cost of living in the United States.
She emphasized that President Biden’s priority is to lower the cost of living for Americans.
Yellen highlighted initiatives such as expanding internet access, making it affordable for every household and business.
She also mentioned efforts to reduce the cost of prescription drugs, energy, and support families financially through tax credits.
Yellen pointed out that access to the Internet is crucial for education, jobs, and healthcare, especially evident during the pandemic.
President Biden’s focus on these areas aims to improve the overall cost of living for Americans.