WATCH LIVE: Janet Yellen delivers remarks following Fitch downgrade of US credit rating

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Janet Yellen
Treasury Secretary Janet Yellen testifies during a House Committee on Financial Services hearing on the Annual Report of the Financial Stability Oversight Council, Thursday, May 12, 2022 on Capitol Hill in Washington. (Graeme Jennings/AP)

WATCH LIVE: Janet Yellen delivers remarks following Fitch downgrade of US credit rating

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Treasury Secretary Janet Yellen will deliver remarks on Wednesday at a new Internal Revenue Service facility in McLean, Virginia, as part of an effort to digitalize the once primarily paper-based agency.

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Yellen will speak after the credit assessor Fitch downgraded the United States credit ranking to AA+ from AAA, a ranking the nation held since at least 1994.

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She will be joined by IRS Commissioner Danny Werfel to address modernizing the IRS at At 1:45p.m. EDT.

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