>> THANK YOU, MR.
PRESIDENT-ELECT AND MADAME VICE
PRESIDENT-ELECT.
IT’S MY GREAT ATTORNEY TO HAVE
THIS OPPORTUNITY TO SERVE YOU
AND THE AMERICAN PEOPLE.
AND TO JOIN THIS INCREDIBLE
ECONOMIC TEAM AT THIS MOMENT OF
GREAT CHALLENGE FOR OUR COUNTRY.
MR. PRESIDENT-ELECT, WHEN YOU
REFLECT ON WHAT YOUR FATHER
TAUGHT YOU ABOUT HOW A JOB IS
MUCH MORE THAN A PAYCHECK, I I
HEAR MY OWN FATHER WHO RAISED
OUR FAMILY IN WORKING CLASS
BROOKLYN.
WHEN HE GRADUATED FROM MEDICAL
SCHOOL DURING THE GREAT
DEPRESSION, HE LOOKED FOR A HOME
IN A PLACE TO HANG HIS SHINGLE
NEAR THE BROOKLYN DOCKS.
BACK THEN, WHICH TERMINAL ON THE
UPPER NEW YORK BAY WAS A
THRIVING HUB FOR MANUFACTURING
AND TRANSPORTATION.
AND FOR THE UNION WORKERS WHOSE
LIVELIHOODS DEPENDED ON THEM.
KNOWING THEY TNT HAVE CARS, MY
FATHER FOUND A HOME NEAR A BUS
LINE.
HE STARTED HIS FAMILY PRACTICE
IN THE BASEMENT WHILE WE LIVED
ON THE FLOORS ABOVE.
AT THE END OF THE DAY, HE WOULD
TALK TO ME, MY BROTHER AND MY
MOM ABOUT WHAT WORK MEANT TO HIS
PATIENTS.
OUR FRIENDS AND NEIGHBORS,
ESPECIALLY IF THEY LOST A JOB,
THE FINANCIAL PROBLEMS, THE
FAMILY PROBLEMS, THE HEALTH
PROBLEMS, THE LOSS OF DIGNITY
AND SELLF WORTH.
THE VALUE OF WORK ALWAYS STUCK
WITH ME.
SO MUCH SO THAT I BECAME AN
ECONOMIST BECAUSE I WAS
CONCERNED ABOUT THE TOOL OF
UNEMPLOYMENT ON PEOPLE, FAMILIES
AND COMMUNITIES.
AND I SPENT MY CAREER TRYING TO
MAKE SURE PEOPLE CAN WORK AND
ACHIEVE THE DIGNITY AND SELLF
WORTH THAT COMES WITH IT.
MR. PRESIDENT-ELECT, I KNOW YOU
HAVE DONE THE SAME.
I SAW THAT UNDERSTANDING DURING
THE LAST GREAT RECESSION AND THE
RECOVERY ACT THAT FOLLOWED.
AND NOW WE’RE FACING HISTORIC
CRISES BEGAN.
THE PANDEMIC AND ECONOMIC
FALLOUT THAT TOGETHER HAS CAUSED
SO MUCH DAMAGE FOR SO MANY, AND
HAD A DISPROPORTIONATE IMPACT ON
THE MOST VULNERABLE AMONG US.
LOST LIVES, LOST JOBS, SMALL
BUSINESSES STRUGGLING TO STAY
ALIVE OR CLOSED FOR GOOD, SO
MANY PEOPLE STRUGGLING TO PUT
FOOD ON THE TABLE AND PAY BILLS
AND RENT.
TSTZ AN BERN AMERICAN STRATEGY
TRAGEDY.
IT’S ESSENTIAL THAT WE MOVE WITH
URGENCY.
INACTION WILL PRODUCE A
SELF-REENFORCING DOWNTURN
CAUSING YET MORE DEVASTATION.
AND WE RISK MISSING THE
OBLIGATION TO ADDRESS DEEPER
STRUCTURAL PROBLEMS.
INEQUALITY, STAGNANT WAGES,
ESPECIALLY FOR WORKERS WHO LACK
A COLLEGE EDUCATION.
COMMUNITIES THAT HAVE SEEN
INDUSTRY DISAPPEAR WITH NO GOOD
JOBS REPLACING LOST ONES.
RACIAL DISPARITIES, JOB
OPPORTUNITIES, HOUSING, FOOD
SECURITY, AND SMALL BUSINESS
LENDING THAT DENY WEALTH
BUILDING TO COMMUNITIES OF
COLOR.
GENDER DISPARITIES THAT KEEP
WOMEN OUT OF THE WORKFORCE AND
KEEP OUR ECONOMY FROM RUNNING AT
FULL FORCE.
IT’S A COB INVESTIGATOR JENS OF
TRAGEDIES THAT IS NOT ONLY
ECONOMICALLY UNSUSTAINABLE, BUT
WOULDN’T IT BE BETRAYS OUR
COMMITMENT TO GIVING AN AMERICAN
AB EQUAL CHANCE TO GET AHEAD.
BUT I KNOW THIS TEAM WILL NEVER
GIVE UP THAT COMMITMENT.
AS YOU HAVE SAID BEFORE, MR.
PRESIDENT MR. PRESIDENT-ELECT,
OUT OF OUR COLLECTIVE PAIN AS A
NATION, WE WILL FIND COLLECTIVE
PURPOSE TO CONTROL THE PANDEMIC
AND BUILD OUR ECONOMY BACK
BETTER THAN BENEFIT.
TO REBUILD OUR INFRASTRUCTURE
AND CREATE BETTER JOBS, TO
INVEST IN OUR WORKFORCE, TO
ADVANCE RACIAL EQUITY AND MAKE
SURE THE ECONOMIC RECOVERY
INCLUDES EVERYONE.
TO ADDRESS THE CLIMATE CRISIS
WITH AMERICAN ENJU KNEWTY AND
AMERICAN JOBS.
WORKING TOGETHER WITH THE
OUTSTANDING NATIONAL SECURITY
AND FOREIGN POLICY TEAM YOU US
ANNOUNCED LAST WEEK TO HELP
RESTORE AMERICA’S GLOBAL
LEADERSHIP.
AND ABOVE ALL, WE SHARE YOUR
BELIEF IN THE AMERICAN DREAM.
OF A SOCIETY WHERE EACH PERSON
WITH EFFORT CAN RISE TO THEIR
POTENTIAL AND DREAM EVEN BIGGER
FOR THEIR CHILDREN.
I PLEDGE AS TREASURY SECRETARY
TO WORK EVERY DAY TOWARDS
REBUILDING THAT DREAM FOR ALL
AMERICANS.
AND TO THE GREAT PUBLICER IS IS
VANTS OF THE TREASURY
DEPARTMENT, I LOOK FORWARD TO
WORKING WITH YOU AND WALLY TO
REBUILD THE PUBLIC TRUST.
TO THE AMERICAN PEOPLE, WE WILL
BE AN INSTITUTION THAT WAKES UP
EVERY MORNING THINKING ABOUT
YOU.
YOUR JOBS, YOUR PAYCHECKS, YOUR
STRUGGLES, YOUR HOPES, YOUR DIG