Treasury Secretary Yellen
- Hoping to gain endorsement at G20 for global minimum tax proposal
- The post corporate tax hike would put US in the middle of global peers
- she believes current trends in inflation are transitory due to supply bottlenecks
- it is a bumpy path reopening, but economy is on a good track
- Fed made clear that the stance of monetary policy is not changed at all
Yellen is speaking at Senate appropriations hearing.