Remarks by Treasury Secretary Yellen at the G20 Infrastructure Investors Dialogue

The G20 has worked diligently to catalyze private sector investment in infrastructure. This work is now more important than ever as governments divert resources towards COVID-19 recovery, and the US is committed to doing its part. First, to help address the investment gap here in the US, the Biden-Harris Administration has proposed a plan to invest $1.7 trillion in public finance over the next 10 years. These investments will modernize 20,000 miles of highways and roads, expand the country's broadband infrastructure – and most importantly, they will help catalyze significant private-sector investment in infrastructure and green technologies.