Remarks by Secretary of the Treasury Janet L. Yellen at Press Conference During the G20 Finance Ministers and Central Bank Governors Meetings

As Prepared for Delivery Thank you, Minister Haddad, for hosting these meetings and thanks to all of you for being here today. Before taking your questions, I would like to step back and recognize President Biden for his leadership. Over the past three and a half years, he has driven a remarkable economic recovery and strong economic growth at home and restored America’s standing in the world, enabling progress on many of the priorities I’ll be focused on in Brazil this week. I am deeply proud to serve the American people with him and Vice President Harris and I look forward to continuing to advance U.S. leadership around the globe and deliver results for American families and businesses at home. Let me now discuss the global economic outlook, the Biden-Harris Administration’s approach to bolstering the global economy and furthering U.S.