Powell, Yellen Face Congress Over Covid-19 Economic Response

The video discusses the $1.9 trillion relief bill and the differing approaches of Janet Yellen and Jerome Powell. Yellen supports Biden's plan and advocates for more spending, while Powell focuses on achieving full employment before addressing debt. The video also explores the potential impact of full employment on inflation and interest rates, and the ongoing debate between Republicans and Democrats on handling national debt.

What challenges do Yellen and Powell face from the political landscape?

What is the expected outcome of Yellen's support for Biden's plan?