Remarks by Secretary of the Treasury Janet L. Yellen on the Importance and Strength of the Transatlantic Alliance at Frankfurt School of Finance and Management in Frankfurt, Germany

As Prepared for Delivery I am grateful to the Frankfurt School for awarding me this honorary doctorate and for organizing today’s program. I would also like to thank Professor Stieglitz, President Lagarde, and Minister Lindner for their exceptionally kind words. And thanks to all of you in the audience today—students, faculty, and many others. As Professor Stieglitz described, I began my career as an academic and I greatly appreciate the opportunity to speak to those who are committed to thinking deeply and whose ideas shape policy. I see this is the case here. The Frankfurt School has for decades focused on putting ideas into practice, such as through your partnership with the United Nations Environment Programme.