Janet Yellen: “We are certainly trying to put in place a set of incentives that will reduce the systemic footprint and risk of firms.”

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

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.

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In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'