Yellen praises Biden for "notables" economic results

In her first public remarks on the issue since Biden ended his reelection campaign and endorsed Vice President Kamala Harris as his successor, Yellen said the president had restored America’s standing in the world.

“I am deeply proud to serve the American people with him and Vice President Harris, and I look forward to continuing to advance American leadership around the world and delivering results for American families and businesses at home,” Yellen said.

The Treasury secretary said strong U.S. growth, which has created 15.7 million jobs since Biden and Harris took office, was not an accident but the result of her administration’s economic plan, and was helping keep the global economy resilient.