By Kate Davidson 

Breaking News...

WASHINGTON -- Janet Yellen, President-elect Joe Biden's choice for Treasury secretary, will tell lawmakers that the U.S. risks a longer, more painful recession unless Congress approves more aid and will urge them to "act big" to shore up the recovery.

Ms. Yellen is set to deliver her remarks Tuesday to the Senate Finance Committee, which is considering her nomination, according to a copy of her testimony reviewed by The Wall Street Journal.

(More to Come)


(END) Dow Jones Newswires

January 18, 2021 15:15 ET (20:15 GMT)

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