The United States Secretary Of The Treasury Stopped By The Ford Dearborn Plant

Date:

DEARBORN, Mich. (WXYZ) — On Thursday, Janet Yellen, who is in charge of the U.S. Treasury, went to the Ford Electric Vehicle Center in Dearborn. Yellen started the line at Ford Motor Company‘s Rouge Electric Vehicle Center in Dearborn.

She then talked about how she thinks President Joe Biden’s economic plan will help lower the cost of vehicles by funding the onshoring of semiconductor chips needed in many devices, including electric cars that are part of the effort to fight climate change.

The U.S. Secretary of the Treasury, Janet Yellen, said that climate change is an existential threat that must be dealt with. She took on the fossil fuel industry and promised to make the U.S. less dependent on oil. She also pushed President Biden’s economic plan, which she says includes investing in programs that have helped businesses open right here in Metro-Detroit in the past. The government is putting more money into programs like Motor City Match.

She called it a commitment to “Modern Supply Side Economics,” which is the practice of funding innovation by individuals to help them overcome the problems of inequality. “This approach is based on the idea that some of the best ways to grow are to invest in people and places that have been ignored,” said Yellen.

The owner of Good Cookies, Jeffrey Gisstennar, said, “It’s so important to have a program like that because money is tight in Detroit.” Gisstennar started the business in his house. Motor City Match grants helped him build his business and gave him money to open a store on McNichols in the North Rosa Park Area in 2020, which will create jobs and growth. He says that new money from the government will help other people do the same.

His clients can taste the difference. “We give you a cookie, you bite into it, and then you. “Say ahh! I remember this from when I was a kid,” Gisstennar said.

For more news like this stay tuned with newsconduct.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_imgspot_img

Popular

More like this
Related

Jimmy Garoppolo Net Worth: How Much Does Garoppolo Make A Year?

American football quarterback James Richard Garoppolo (born November 2,...

Actress Louise Fletcher Cause Of Death: Natural Causes At Her Home In France

In 1975, American actress Estelle Louise Fletcher (July 22,...

Solluminati Brother Death: Gawd Triller Is Dead In Car Crash

A video of the vehicle accident that occurred on...

Todd Bridges Net Worth: How Much Does He Make?

American actor and comedian Todd Anthony Bridges is perhaps...