Yellen argues U.S. economy has 'never worked fairly for Black Americans'

Treasury Secretary Janet Yellen
(Image credit: Anna Moneymaker/Getty Images)

Treasury Secretary Janet Yellen said in a Monday speech marking Martin Luther King Jr. Day that the U.S. economy "has never worked fairly for Black Americans — or, really, for any American of color," reports The Associated Press.

Referencing a portion of King's "I Have a Dream" speech that said "America has defaulted on this promissory note insofar as her citizens of color are concerned," Yellen said King "knew it was a more than a metaphor." King "knew that economic injustice was bound up in the larger injustice he fought against," she continued. "From Reconstruction, to Jim Crow, to the present day, our economy has never worked fairly" for people of color.

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