Yellen says Biden COVID-19 bill to fuel "very strong" U.S. recovery

This is a bill that will really provide Americans the relief they need, she said

  
US Treasury Secretary Janet Yellen holds a news conference following day two of the Federal Open Market Committee (FOMC) meeting in Washington, U.S., December 14, 2016.

US Treasury Secretary Janet Yellen holds a news conference following day two of the Federal Open Market Committee (FOMC) meeting in Washington, U.S., December 14, 2016.

REUTERS/Gary Cameron

WASHINGTON- U.S. Treasury Secretary Janet Yellen said on Monday that President Joe Biden's $1.9 trillion coronavirus aid package will provide enough resources to fuel a "very strong" U.S. economic recovery, but will not address longstanding inequality problems.

"This is a bill that will really provide Americans the relief they need to get to the other side of the pandemic, and we expect the resources here to really fuel a very strong economic recovery," Yellen said in an interview on MSNBC.

(Reporting by David Lawder Editing by Chizu Nomiyama) ((David.Lawder@tr.com; +1 202 354 5854; Reuters Messaging: david.lawder.thomsonreuters.com@reuters.net))

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