Sec. Yellen Walks Back Biden’s Declaration that Taxpayers Will Cover the Cost of a New Key Bridge in Baltimore: ‘My Expectation Would Be that Ultimately There’ll Be Insurance Payments’
‘But we don’t want to allow worrying about where the financing is coming to hold up reconstruction’
EXCERPT:
YELLEN: "I'm not sure what the details are. We have money from the bipartisan infrastructure laws that could potentially be helpful. My expectation would be that ultimately there'll be insurance payments, in part to cover this, but we don't want to allow worrying about where the financing is coming to hold up pre-construction."
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