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US Treasury Secretary Janet Yellen delivers remarks on the Inflation Reduction Act after visiting the site of a new paperless processing initiative in McLean, Virginia, on Aug. 2, 2023. Stefani Reynolds/AFP via Getty Images
Treasury Secretary Janet Yellen on Wednesday criticized the recent decision by Fitch Ratings to downgrade the U.S. long-term credit rating, which dealt a major blow to the world’s largest economy.
“Fitch’s decision is puzzling in light of the economic strength we see in the United States,” Ms. Yellen said during a speech at an IRS facility in McLean, Virginia.
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
