• Mon. Feb 26th, 2024

Treasury Secretary Janet Yellen Heads to Detroit to Promote Small Business Support and Legislation”.


Feb 12, 2024
Treasury Secretary Yellen Visits Detroit to Emphasize Small Business Support

In a significant move to support small businesses across the United States, Treasury Secretary Janet Yellen of the Biden administration will be traveling to Detroit next week. This visit comes at a crucial time for President Biden, who recently received both support and opposition in Michigan during a recent campaign stop in Warren.

Meanwhile, protesters demonstrated outside the event, calling for restricted military aid to Israel and a ceasefire in Gaza. Despite these challenges, Yellen’s visit to Detroit will focus on promoting three key legislations – the Inflation Reduction Act, Bipartisan Infrastructure Law, and the CHIPS and Science Act.

During her visit, Yellen will attend several events where she will promote these legislations and celebrate what she terms as a “small business boom” in the US economy. With 16 million new business applications filed in the first three years of the administration, Yellen has made similar visits to Illinois and Wisconsin. Her last visit to Michigan was in September 2022 when she delivered remarks at Ford’s Rouge Electric Vehicle Center.

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