Mass Deportation of Illegal Immigrants Could Have Economic Consequences: Yellen

Whether illegal immigration has helped lower inflation has been a subject of debate among economists.
Mass Deportation of Illegal Immigrants Could Have Economic Consequences: Yellen
Treasury Secretary Janet Yellen attends a news conference at the U.S. Ambassador's residence in Beijing on April 8, 2024. Pedro Pardo/AFP via Getty Images
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Removing millions of illegal immigrants from the country could have “devastating” unintended economic consequences, Treasury Secretary Janet Yellen said at The Atlantic Festival on Sept. 19.

As part of his 2024 platform, former President Donald Trump has pledged to “carry out the largest deportation operation in American history” if reelected.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."