Janet Yellen: “I believe it is essential to maintain orderly liquidation.”

President Biden has made it clear he would never support cuts in benefits to those individuals.

The Biden Administration has driven an historic economic recovery over the past three years.

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

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