Janet Yellen: “The unemployment rate is not the Committee's definition of what constitutes full employment.”

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.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'

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.