WASHINGTON—Treasury Secretary Janet Yellen on Saturday said she never pushed for cuts to President Joe Biden’s $1.9 trillion American Rescue Plan (ARP), rebutting a media report in which a biographer was quoted as saying she favored scaling it back to avoid inflation.
“I never urged adoption of a smaller American Rescue Plan package, and I believe that ARP played a central role in driving strong growth throughout 2021 and afterwards,” Yellen said in a rare response to a media report.
