Janet Yellen: “I believe in a strong and equitable U.S. economy that delivers good jobs with rising wages for all Americans.”

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

I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.

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.

We share the objective that you have which is to rid ourselves of dependence on China.