Treasury Secretary Janet Yellen makes push for major stimulus, sees bigger risk in not doing enough

Treasury Secretary Janet Yellen on Thursday said a large stimulus package is still necessary to get the economy back to full strength, despite momentum suggesting that growth is off to a faster start than anticipated in 2021. In a CNBC interview, the lead economic official in the Biden administration said the $1.9 trillion proposal could help the U.S. get back to full employment in a year. “We think it’s very important to have a big package [that] addresses the pain this has caused – 15 million Americans behind on ...