Janet Yellen: “We have enormous responsibilities that will be given to us under this legislation.”

I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.

We share the objective that you have which is to rid ourselves of dependence on China.

I do have concern about where we are going unless we undertake some significant steps to reduce the budget deficit.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'