Janet Yellen has denied claims she wanted Joe Biden to scale back the size of his $1.9tn Covid stimulus package last year over fears it could stoke inflation.
The US Treasury secretary issued a statement on Saturday rebutting claims made in a forthcoming book that she initially wanted to trim the bill by a third.
The book threatens to give ammunition to the US president’s critics, who accuse him of having helped unleash the highest inflation in decades with large spending bills in the opening months of his administration.
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