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On MLK Day, Yellen says US economy ‘has never worked fairly’ for Black Americans

Mount Equity Group Tokyo Japan > News > Markets > On MLK Day, Yellen says US economy ‘has never worked fairly’ for Black Americans

Kay C. James on MLK Day, Biden admin 

The U.S. economy has “never worked fairly” for Black Americans or any person of color, Treasury Secretary Janet Yellen said in a Monday speech, joining a cadre of national leaders who used Martin Luther King Jr. Day to acknowledge racial inequalities in the country.

Yellen made the in remarks in a prepared speech that she recorded for delivery at the Rev. Al Sharpton’s National Action Network breakfast in Washington. Monday would have been the 93rd birthday of the Rev. Martin Luther King Jr., who was only 39 when he was assassinated in Memphis, Tennessee, in 1968 while supporting Black city sanitation workers who were striking.  

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