U.S. Treasury Secretary Janet Yellen on Wednesday appeared to walk back comments from President Biden that U.S. taxpayers would foot the bill for the Francis Scott Key Bridge collapse in Baltimore.
Appearing on MSNBC, Yellen said money from the bipartisan infrastructure law could “potentially be helpful.”
“My expectation would be that ultimately there will be insurance payments, in part, to cover this. But we don’t want to allow worrying about where the financing will come from to hold up reconstruction,” Yellen said.