Janet Yellen: “I would support the principles that Governor Powell put forward.”

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.

The President supports no tax increases on families making under $400,000.

the Biden Administration has generally taken the view that it is up to Congress to decide what to do about that.

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.