WASHINGTON, Aug 10 (Reuters) - U.S. Treasury Secretary Janet Yellen will highlight the U.S. economy's continuing resilience in a major speech in Las Vegas on Monday, touting the creation of 13 million new jobs and progress in driving down inflation, a Treasury official said.
Yellen will speak at a training center operated by the International Brotherhood of Electrical Workers (IBEW) union after touring its cutting-edge clean energy training programs where workers learn how to install solar panels.
The Treasury official said Yellen will say the U.S. economy is on the right track toward stable growth, while underscoring the need to remain vigilant on potential challenges.
She will note that the resilience of the U.S. economy - which she hailed in a major speech last July - has lasted over the past year despite many naysayers, who warned it could not last, the official added.
Yellen will argue that the IRA is making the U.S. less vulnerable to fossil fuel price shocks and strengthening clean energy supply chains, while creating good-paying jobs, the official said.
Persons:
Janet Yellen, Yellen, Joe Biden, Biden, Andrea Shalal, Jonathan Oatis
Organizations:
. Treasury, Treasury, International Brotherhood of Electrical Workers, Reuters, U.S, Thomson
Locations:
Las Vegas, Nevada, U.S