Overview

• Yellen toured a broadband project in Stafford County, funded by the $1.9 trillion American Rescue Plan, emphasizing the importance of digital connectivity.
• The project has successfully connected nearly 700 homes to high-speed internet, showcasing significant progress in rural broadband access.
• Yellen urged Congress to continue funding the Affordable Connectivity Program, which helps families afford internet service.
• Comcast has invested $900 million in Virginia's infrastructure over three years, part of a broader $20 billion national network expansion.
• Financial markets anticipate upcoming U.S. inflation data, reflecting broader economic concerns amidst infrastructure improvements.