Biden Adviser Cecilia Rouse Vows ‘Aggressive’ Moves to Reduce Inequality

Cecilia Rouse, chair of the U.S. Council of Economic Advisers, says the Biden administration will be “looking at an aggressive set of policies” to address structural inequalities that are impacting productivity. Rouse speaks with Bloomberg’s Jacqueline Simmons at the Bloomberg Equality Summit.Source: Bloomberg)

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By Catarina Saraiva

March 18, 2021 at 7:33 PM UTC

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Inequalities in income, wealth and other measures are holding back the U.S. economy, said Council of Economic Advisers Chair Cecilia Rouse.

“Structural inequality is not helping, it means we’re leaving productivity on the table,” Rouse said Thursday in a virtual Bloomberg Equality Summit interview. “We want to be looking at an aggressive set of policies to address those kinds of structural inequalities.”