Janet Yellen: “the trends in income, or disposable income for households, are one of the most important factors determining consumer…”

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 have not in any way relaxed our sanctions on Iranian oil.

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.

The President supports no tax increases on families making under $400,000.