Janet Yellen: “I too want to say that I both enjoyed my working relationship with you during my years at the Fed.”

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.

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.

He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'