Treasury Secretary Janet Yellen was accused of being a political hack on Mornings with Maria Wednesday, but he said she knew Biden's spending would heighten inflationary pressures.
BIDEN', REP. DAVID KUSTOFF: I'm really disappointed in Janet Yellen because she is smarter than that. She came together with other administration officials to advocate for this stimulus, the $1.9 trillion bill in March for transportation and the infrastructure bill in November. She knew the inflationary pressures that would result. Lawrence Summers told her, I asked her about that in the committee, and it's almost like she's become a political hack. I'm sorry to say that.
She's educated and has been a chairman of the Federal Reserve. She knew the challenges and she let the administration hacks, those political people in the White House, push her to say those things and advocate for them. In the end, I'll remind you about the stimulus back in March of last year, there was not one Republican, not one Republican in the House, not one Republican in the Senate, not a Romney, not a nobody who voted for it. She convinced moderate Democrats to vote for it. We're experiencing the highest inflation in the last 40 years.