Janet Yellen Spotlights Inflation Reduction Act in Boston – NBC

TL/DR –

US Secretary of the Treasury Janet Yellen recently visited Roxbury Community College to explore smart building technology along with state and Boston city officials. During this visit, Massachusetts Governor Maura Healey highlighted the state’s MassReconnect program, which allows students aged 25 and older to attend community college for free and plays a significant role in training talent for new climate sector jobs. The visit comes as Yellen is highlighting the Inflation Reduction Act and before a Senate consideration of Healey’s proposal to use interest from the state’s rainy day fund to compete for federal funding.

Janet Yellen Visits Roxbury Community College Amidst MassReconnect Highlight

Massachusetts Governor Maura Healey showcased the state’s MassReconnect program, which offers free community college education to students aged 25 and up, during a technology exploration visit by Janet Yellen, Secretary of the Treasury. The visit, which saw Yellen examining smart building technology at Roxbury Community College, was attended by various state and Boston city officials.

Healey humorously noted that she wasn’t implying that anyone present was over 25 as they displayed to the governor, Mayor Michelle Wu, and Yellen the automated control systems they’ve developed as part of a program at RCC’s Center for Smart Building Technology.

As Massachusetts seeks to fill emerging climate sector jobs and foster talent, Healey emphasized the crucial role of community colleges and programs like MassReconnect.

Yellen’s Boston tour, aimed at promoting the Inflation Reduction Act, precedes a Senate review of Healey’s proposal. This proposal suggests employing interest accrued from the state’s substantial rainy day fund to vie for competitive federal funding.

—
Read More US Economic News