Stephanie Ruhle

Treasury Secretary Janet Yellen listens as President Joe Biden speaks during a meeting with business leaders about the debt limit in the South Court Auditorium on the White House campus, Wednesday, Oct. 6, 2021, in Washington. The Treasury Department said Wednesday it plans to start scaling back the size of some of its government debt auctions, a sign that the government’s huge pandemic-driven borrowing needs are starting to ease. (AP Photo/Evan Vucci)

Treasury Secy. Yellen: COVID-19 to blame for rampant inflation

Treasury Secretary Janet Yellen is blaming the rapid inflation seen in the U.S. economy solely on the COVID-19 pandemic. During an interview Sunday, the 75-year-old said if the country wants to see inflation go down it will all depend on how Joe Biden and his administration continues to deal with the pandemic.