WASHINGTON, Dec 1 (Reuters) - U.S. President-elect Joe
Biden's treasury secretary nominee Janet Yellen said on Tuesday
the country is facing a historic crisis from the pandemic and
the subsequent economic fallout.
"It's an American tragedy and it's essential that we move
with urgency. Inaction will produce a self-reinforcing downturn,
causing yet more devastation," Yellen said.
(Reporting by Tim Ahmann and Nandita Bose in Washington;
Editing by Chris Reese)