Janet Yellen actually said...

"The child credit, tax credit was expanded in the American Rescue Plan. And that was important because the pandemic especially hit low-income families very hard."

"It is important for the IRS to make sure that their tax administration is fair."

"And the decision was made at the time that the leverage ratio is not our main capital tool, but a backup capital tool that is intended to, in a crude kind of way, base capital requirements on the over..."

"There were considerations on both sides, and a decision was made to include Fed deposits."