On the recordDecember 2, 2015
The Highway bill, as I understand it, will take a large share of our operating surplus, which is part of the Federal Reserve's capital, to pay for this bill and not allow us to build it up.
Source
congress.govThe Highway bill, as I understand it, will take a large share of our operating surplus, which is part of the Federal Reserve's capital, to pay for this bill and not allow us to build it up.
Yellen raises concerns about the impact of the Highway bill on the Federal Reserve's capital.
Share & report
More from Janet Yellen
The Trump tax cuts added hugely to the deficit. I wish I recalled, it was something like $2 trillion over 10 years.
There can be no acceptable outcomes if the debt ceiling isn't raised, regardless of what decisions we make.