Janet Yellen: “At present, every firm over $50 billion has to do things like supervisory stress testing...”

There will be a negotiation over what to do when these tax cuts expire.

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.

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In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'