I pledge that I will continue to work with my colleagues to do all that we can to make sure that we reduce the burdens on these community banks and do not in any way have a one-size-fits-all approach.
Yellen commits to reducing regulatory burdens for community banks.
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More from Janet Yellen
We share the objective that you have which is to rid ourselves of dependence on China.
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.
The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.
The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'
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