Janet Yellen: “Yes, we are committed to the cooperative multilateral effort to address base erosion and profit shifting through the…”

The tax cuts passed by Donald Trump and Congressional Republicans... was responsible for many of the problems that we face now with our fiscal trajectory.

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.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'