Yellen, Powell say more needed to limit US economic damage

FILE - In this Dec. 1, 2020 file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. Powell and Treasury Secretary Janet Yellen say more needs to be done to limit the damage from the coronavirus pandemic and promote a full economic recovery. The two officials struck upbeat notes on the future of the economy in their prepared testimony Tuesday, March 23, 2021 before the House Financial Services Committee while cautioning that the economy still needs help. (AP Photo/Susan Walsh, Pool)

FILE - In this Feb. 5, 2021 file photo, Treasury Secretary Janet Yellen speaks during a virtual roundtable with participants from Black Chambers of Commerce across the country to discuss the American Rescue Plan in Washington. Yellen and Federal Reserve Chairman Jerome Powell say more needs to be done to limit the damage from the coronavirus pandemic and promote a full economic recovery. The two officials struck upbeat notes on the future of the economy in their prepared testimony Tuesday, March 23, before the House Financial Services Committee while cautioning that the economy still needs help. (AP Photo/Jacquelyn Martin, File)