DEARBORN, Mich.—Treasury Secretary Janet Yellen said that the Biden administration’s agenda is spurring economic investment and opportunity across a wider distribution of communities in the U.S. during a visit to Michigan, her first stop on a tour to highlight administration policies ahead of the midterm elections.
The speech Thursday at a Ford Motor Co. electric-vehicle production plant in Dearborn, Mich., comes against the backdrop of an economy that is slowing as the Federal Reserve lifts interest rates to counter the highest inflation in four decades.