Janet Yellen: “I approach this task with a clear understanding that the Congress has entrusted the Federal Reserve with great…”

The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.

The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'

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.