Janet Yellen Pushes For $1.9 Trillion In Stimulus After Weak Jobs Numbers, Saying There's 'so Much Pain' In The Economy

Treasury Secretary Janet Yellen pushed for stimulus checks. Andrew Harnik/AP Janet Yellen pushed for Congress to pass $1.9 trillion of stimulus after weak jobless claims data. "The price of doing too little is much higher than the price of doing something big," she said. Yellen added that she's not overly worried about inflation, saying "scarring" is a bigger danger. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Treasury Secretary Janet Yellen on Thursday renewed her push for Congress to approve $1.9 trillion of stimulus, saying "there's so much pain in this economy."Yellen told CNBC that she is not overly worried about inflation, which has been "very low for over a decade." She said the bigger risk is "scarring" on the economy if Congress does not act.Her comments to Sara Eisen on "Closing Bell" came after figures showed that the number of Americans filing jobless claims unexpectedly rose last week to 861,000.The data contrasted with stronger-than-expected January retail-sales figures released a day earlier, and suggested the US economy's recovery is progressing unevenly.President Joe Biden's administration is pushing for a $1.9 trillion support package.