Janet Yellen Discusses Future After Biden Administration as U.S.-China Relations Evolve

Yellen's Future in the Biden Administration

During her appearance at the Texas Tribune Festival, U.S. Treasury Secretary Janet Yellen disclosed her possible resignation after President Biden's term. Having made significant contributions to economic policy, she is the first woman to hold several prestigious positions within the government.

Impact on U.S.-China Relations

• Yellen's engagement with China aims to strengthen economic ties.
• The ongoing trade tariffs continue to be a point of contention affecting bilateral relations.
• Addressing employment rates and consumer spending remains crucial for future stability.

Future Economic Policy Directions

1. A focus on a soft landing for the economy.
2. Continued dialogue with China to mitigate trade tensions.
3. Monitoring consumer spending trends to forecast economic health.