Janet Yellen: “President Biden has made it clear he would never support cuts in benefits to those individuals.”

I definitely expect that we’re going to see them impact pricing.

He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.

There will be a negotiation over what to do when these tax cuts expire.

We certainly have proposed extending the Child Tax Credit, which was immensely helpful, and we are supportive of the legislation that has gone through the House.