Stocks Surge As Yellen Set To Tell Congress To 'Act Big' On Coronavirus Stimulus
By Staff Reporter
Posted on 01/19/21
| News Source: FOX Business
U.S.
equity markets rallied Tuesday in
President Trump’s final full day in office as traders awaited Treasury Secretary nominee Janet Yellen’s Senate testimony on Capitol Hill.
Yellen, the former Federal Reserve chair, will appear before the Senate Finance Committee Tuesday for her confirmation hearing. Yellen will say Congress needs to "act big" to combat the economic slowdown caused by the COVID-19 pandemic, including extending more aid to families and providing additional money to expedite the distribution of vaccines. Read more at
FOX Business