Janet Yellen: “The tax cuts passed by Donald Trump and Congressional Republicans... was responsible for many of the problems that we…”

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.

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.

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 share the objective that you have which is to rid ourselves of dependence on China.