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Yellen to discuss democracy's economic impact in Arizona

EditorEmilio Ghigini
Published 02/05/2024, 09:12
© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect
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WASHINGTON - U.S. Secretary of the Treasury Janet L. Yellen is scheduled to visit Arizona from May 3-4 to speak on the economic benefits of democracy and to showcase the Biden Administration's economic and workforce initiatives. On Friday, May 3, Secretary Yellen will address the McCain Institute's Sedona Forum, emphasizing the critical role of democratic values in ensuring sustainable and inclusive economic growth.

At the forum, she will outline how the administration's policies, including significant investments in various sectors, have been instrumental in demonstrating democracy's capacity to deliver tangible results to Americans. Her address will also touch upon the challenges facing democratic institutions both domestically and internationally.

Following her address, Secretary Yellen will engage in a fireside chat with Dr. Michael Crow, President of Arizona State University. The conversation is expected to further explore the intersection of democratic governance and economic policy.

The next day, Secretary Yellen will visit Mesa Community College and the East Valley American Jobs Center in the Phoenix area. Her tour at the college will include a look at the automation and engineering labs, highlighting the role of educational institutions in preparing the workforce for advanced manufacturing sectors.

Joined by Phoenix Mayor Kate Gallego and Mesa Mayor John Giles, she will then move to the Jobs Center to discuss the Biden Administration's workforce development strategies. These strategies are focused on equipping Americans, including those without four-year degrees, with the skills necessary for high-quality jobs created by initiatives such as the CHIPS and Science Act and the Inflation Reduction Act.

Secretary Yellen's engagements in Arizona are part of a broader effort to promote the administration's economic agenda, with a focus on creating opportunities in industries of the future. The events will be accessible via livestream, and media coverage is coordinated through the Treasury's press contacts.

This visit underscores the Treasury Department's commitment to fostering economic growth through democratic principles and workforce development. The information for this article is based on a press release statement from the U.S. Department of the Treasury.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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