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In this engaging conversation, US Treasury Secretary Janet Yellen shares her insights on the current state of the economy and the intricate dynamics of US-China relations. She discusses the challenges of balancing inflation control with job creation, especially amid recent reports. Yellen also highlights new IRS tax processing improvements and the importance of securing US steel companies amid foreign investments. Expect valuable perspectives on taxation, economic growth, and the need for legislative support in critical areas like affordable housing and healthcare.
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- Janet Yellen highlighted the current U.S. labor market's resilience despite recent job creation slowdowns and evolving post-pandemic dynamics.
- Yellen emphasized the importance of diplomatic engagement in U.S.-China relations to collaboratively address global economic challenges.
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