Timothy Sumer

"You don't have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years." Treasury Secretary Janet sits down for an exclusive interview with ABC News Chief Anchor George Stephanopoulos to discuss the state of the economy, recession fears and President Joe Biden's upcoming State of the Union address. READ MORE: #abcnews #stateoftheunion #recession #inflation #economy #janetyellen #gma #news... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Janet Yellen, the U.S. Treasury Secretary, has rejected fears of a possible recession and stated that the country's economy is "strong". Speaking on the Good Morning America show, Yellen expressed optimism and confidence in the future of the American economy. Yellen's comments came amid concerns raised by experts and analysts about th

Treasury Secretary Janet Yellen said the government will remain vigilant and take additional steps as needed to support the banking system.... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing As the global economy continues to suffer the consequences of the COVID-19 pandemic, concerns are growing over the potential for more bank failures in the near future. Economists and financial experts are warning that the ongoing economic disruption could push some of the world's most vulnerable banks over the edge, risking a new wave of bank failures that could further amplify the economic shockwaves already being felt. Many countries have already experienced significant banking disruptions due to the pandemic. For example, in the United States, the Federal Deposit Insurance Corporation (FDIC) closed 5 banks in 2020, up from just one