Janet Yellen, at former slave port, sees path of renewal for Africa and U.S.

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Janet Yellen, at former slave port, sees path of renewal for Africa and U.S.
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Goree’s mayor Augustin Senghor presented Yellen with a certificate appointing her as a lifetime ambassador of the island’s history.

Yellen, whose work in economics has focused on ending historic disparities that have plagued Black Americans long after slavery was abolished in 1865, said both Africa and the United States had made tremendous strides, but more work was needed to counter the brutal consequences of the slave trade.

Under Yellen, the U.S. Treasury has set up a racial equity task force that has drawn the ire of Republicans, and the department has worked hard to boost the economic conditions of communities of color. It was critical to tell the story of enslaved people, which “while full of suffering, is also full of perseverance and hope,” she said, citing the important contributions of African American men and women to the U.S. economy and democracy.

“With remembrance, I believe, can come progress and renewal,” Yellen said, highlighting what she called “signs of vibrant life around Gorée — a prominent art scene, a place of education, and thousands who call this place home.”

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