Janet Yellen: “The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000…”

I think what we found during that time was that implementing strong capital, liquidity, and risk management rules led to a stronger banking system.

President Biden has said he would oppose allowing tax cuts to expire for people making under $400,000.

He has explicitly said that he will not agree to raise taxes for people making under $400,000.

We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.