Janet Yellen: “We need to invest in our infrastructure. We need to invest in R&D. We need to invest in training and workforce…”

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.

I think it is appropriate to do that.

President Biden has said he would oppose allowing tax cuts to expire for people making under $400,000.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'