LOS ANGELES - Following a tweet by rapper Cardi B asking "when y’all think they going to announce that we going into a recession?" Treasury Secretary Janet Yellen dismissed the question saying argued the U.S.
is not going to enter into a recession.Speaking with CNBC’s Andrew Ross Sorkin at the New York Times’s DealBook D.C. policy forum, Yellen was asked about Cardi B’s tweet asking if she even knows who the famous rapper is. "I mean, I don’t have that much time for her.
But I am alive," Yellen, 75, said. Sorkin pointed out Cardi B’s 23 million followers asking Yellin her thoughts on the tweet which garnered over 130,000 likes as of June 10."Don’t look to me to announce it," Yellen said, referring to the rappers inquiry into the U.S.
entering a recession. "I’m not going to announce it. I don’t think we’re going to have a recession," Yellen said. "Consumer spending is very strong.